“Customs Valuation and Multinational Transfer Pricing: Can They Co-Exist?”

WASHINGTON, DC -- MAY 21, 2012 -- Arent Fox partner Matt Nolan, who chairs the firm’s International Trade Practice, has been published in Practical International Corporate Finance Strategies, a Thomson Reuters publication.

Matt’s article appears on the page one of the journal and is the first in a series of articles examining “the emerging issues related to customs valuation and transfer pricing among multinational related parties.”

Matt writes:

Import compliance specialists have long worried about issues surrounding customs valuation for imported merchandise, especially when it comes to related party transactions within multinational enterprises. The concept of what constitutes an “arm’s length” transaction, and how to prove it, has been the source of much debate between Customs and Border Protection (CBP) and with trade professionals over the years. Customs valuation issues in the context of transfer pricing have become a hot topic as of late, and import compliance personnel need to be aware of the trends and issues they portend. … We begin this first article with a review of why transfer pricing has emerged as a more significant customs valuation issue.

To read Matt’s article, titled “Customs Valuation and Multinational Transfer Pricing Can They Co-Exist?”, please click here.