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So you’re importing… (into the U.S.)
17

Import Documentation & Procedures

Nov 28, 2014

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“Helping you to help your broker to help you!.” Too often importers expect their brokers to do all of the work when it comes to the importing process. Unfortunately the broker is NOT a tax advisor. Any errors they make could result in penalties for you, the importer. Learn the key compliance elements of importing, classification, valuation, country of origin duty payment and record keeping. Learn also how to decipher those cryptic forms your broker supplies to you. Learn how to help your broker so your broker can help you!"
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Page 1: Import Documentation & Procedures

So you’re importing…(into the U.S.)

Page 2: Import Documentation & Procedures

And you have noworries because your broker takes care of everything!

Page 3: Import Documentation & Procedures

Hold on a minute…

Page 4: Import Documentation & Procedures

Is your broker doing their job?Is your broker doing their job?

Page 5: Import Documentation & Procedures

Is your broker doing their job?Is your broker doing their job?

Correctly?

Page 6: Import Documentation & Procedures

Is your broker doing their job?Is your broker doing their job?

Correctly? Timely?

Page 7: Import Documentation & Procedures

Who is classifying products?

Page 8: Import Documentation & Procedures

You, the importer, are ultimatelyresponsible for any mistakesyour broker makes.

Page 9: Import Documentation & Procedures

Violations may result in seizure,penalty and/or criminalprosecution.

Page 10: Import Documentation & Procedures

Errors

Penalties

Seizures

Fines

Criminal

Page 11: Import Documentation & Procedures

If you are not sure if your broker is doing their job

Page 12: Import Documentation & Procedures

If you are not sure if your broker is doing their job

Page 13: Import Documentation & Procedures

If you are not sure if your broker is doing their job

Page 14: Import Documentation & Procedures

It’s critical that you strengthen your relationship with your broker.

Page 15: Import Documentation & Procedures

The theme of our Import Class is:

Page 16: Import Documentation & Procedures

The theme of our Import Class is:

“Helping you to help your broker to help you!”

Page 17: Import Documentation & Procedures

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