An increasing number of internationally operating businesses are facing customs issues in their import and export procedures. This is due, in part, to Brexit. The reality is that Dutch Customs regularly challenges the customs value in related-party transactions or intercompany stock movements, because, in such transactions, they cannot typically rely on the purchase or selling price of the goods to determine the customs value. This value forms the basis for the import duties payable. In this article, we will set out the implications of such transactions and we will tell you what to look out for.
Source Moore DRV
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