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Administration Reveals Proposal To Restructure MPF To Comply With TPP

March 10, 2016 at 9:45 PM
The Obama administration last week unveiled the details of its proposal for transitioning the main U.S. customs user fee, currently calculated on an ad valorem basis, to a four-tiered system that would impose fees ranging from $30 to $500 on shipments depending on their value, according to sources familiar with the proposal. This proposed change is aimed at complying with the requirement in the Trans-Pacific Partnership (TPP) that customs fees not be imposed on an ad valorem basis. That said,...

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