“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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So you’re importing…(into the U.S.)
And you have noworries because your broker takes care of everything!
Hold on a minute…
Is your broker doing their job?Is your broker doing their job?
Is your broker doing their job?Is your broker doing their job?
Correctly?
Is your broker doing their job?Is your broker doing their job?
Correctly? Timely?
Who is classifying products?
You, the importer, are ultimatelyresponsible for any mistakesyour broker makes.
Violations may result in seizure,penalty and/or criminalprosecution.
Errors
Penalties
Seizures
Fines
Criminal
If you are not sure if your broker is doing their job
If you are not sure if your broker is doing their job
If you are not sure if your broker is doing their job
It’s critical that you strengthen your relationship with your broker.