International Law and Globalisation

Customs valuation and transfer pricing are vital topics in international trade taxation. Both methodologies pursue different objectives in assessing the value of goods traded between related parties. Nonetheless, in pursuit of tax certainty and revenue mobilisation,
there is a growing need for better communication between these two international valuation systems. Therefore, the objective of this article is to bring customs valuation and transfer pricing together by commenting on the latest WCO/TCCV developments, namely case studies 14.1 (TNMM) and 14.2 (RPM) guiding Customs on the use of transfer pricing
documentation to examine the circumstances of the sale in related party transactions. The article also addresses the key elements of transfer pricing documentation and the challenges ahead for both systems.

La valoración aduanera y los precios de transferencia constituyen temas vitales en la tributación del comercio internacional. Ambas metodologías persiguen diferentes objetivos en la determinación del valor de los bienes comercializados entre partes relacionadas. No obstante, en la búsqueda de la certeza tributaria y la movilización de ingresos, existe una creciente necesidad de lograr una mejor comunicación entre estos dos sistemas de valoración internacionales. Por lo tanto, el objetivo de este artículo es unir la valoración aduanera y los precios de transferencia, comentando los últimos avances
de la WCO/TCCV, a saber, los casos prácticos 14.1 (TNMM) y 14.2 (RPM) que sirvan de guía a las Aduanas respecto al uso de la  documentación de precios de transferencia, a fin de examinar las
circunstancias de la venta en las transacciones entre partes relacionadas. El artículo también se enfoca en los elementos clave de la documentación de precios de transferencia, así como en los desafíos que tienen por delante ambos sistemas.

Blockchain is a peer-to-peer (P2P) technology that records and verifies transactions in a decentralised, cryptography-secure manner. Blockchain applications can globally manage records of any sort, such as import-export declarations, invoices, bills of lading (BLs) and certificates of origin (COs). It is a promising technology for several areas, including international trade. This paper presents blockchain, comments on blockchain platforms such as Ethereum, gives examples of private sector initiatives, shares an idea for a CO blockchain application, and discusses regulatory issues. In doing so, the paper aims to attract attention for blockchain in international trade.

Revenue collection, a core function of many customs administrations, has recently come under strain owing to the global financial crisis. The World Customs Organization (WCO) Revenue Package initiative, launched in 2009, seeks inter alia to promote the exchange of experience and best practices with tax administrations in order to improve the capacity of Customs to collect revenue. This paper describes the experiences and insights of tax administrations in their implementation of Large Taxpayers Units (LTU) and discusses the creation and development of Large Traders' Customs Units (LTCU).

The World Customs Organization (WCO) Technical Committee on Customs Valuation (TCCV) has the responsibility to examine specific cases arising from problems when applying the World Trade Organization (WTO) Customs Valuation Agreement (CVA). During the 50th, 51st, 52nd and 53rd TCCV sessions, three cases reached consensus and were published as instruments: Advisory Opinions 4.18, 4.19 and 24.1. All three address difficulties WTO members face when dealing with royalties as compulsory adjustments. Compulsory services adjustments are probably the most relevant example of the complexity of the WTO CVA.

Introdução: Caminhões Navegando os Andes Ao visitar a fronteira entre Argentina e Chile (Paso de Jama-Provincia de Jujuy), lembro-me vividamente dos caminhões de carga navegando pelas estradas sinuosas da Cordilheira dos Andes. Contêineres de carga geral (dry containers), refrigerados (reefers), transportadores automotivos e inúmeros outros veículos de carga estavam em constante movimento. Presenciar o enorme volume do comércio internacional em ação me fez apreciar as complexidades logísticas do Corredor Bioceânico de Capricórnio (CBC), um projeto impulsionado pelo Ministério do Planejamento e Orçamento do Brasil, pelo Banco Interamericano de Desenvolvimento (BID), pelo Banco Nacional de Desenvolvimento Econômico e Social (BNDES) do Brasil, pelo CAF-Banco de Desenvolvimento da América Latina e pelo FONPLATA. Home My Network Jobs Messaging Notifications Me For Business Reactivate 50% Author Show translation Like Reply Mateus Soares de Oliveira Conselheiro CARF 2h Show translation Like • 1 Reply • 1 Reply