Identifying Agents for Customs Purposes - Traps for the Unwary Importer
Webinar: 1 CCS Credit
Many importers do not purchase foreign goods directly from the factory but from or through another person or entity generically referred to as an agent. What that agent's actual legal status is has important customs consequences and can determine whether the importer is over- or underpaying duty. This 60-minute webinar will help importers understand the issues that can arise when utilizing an agent.
- how to identify whether an entity is an agent, middleman or something else
- the difference between a buying and a selling agent
- what a buying agent can and cannot do
- the relevance of written buying agency agreements
- the role of buying agents in first sale transactions
- what to do if you've done it wrong all this time
Beth Ring is a senior member of Sandler, Travis & Rosenberg, P.A., and founder of the firm’s New York office. With over 40 years of experience, Ms. Ring covers the full range of customs and trade issues. Specifically, she counsels importers across diverse industries on matters related to classification, valuation, transaction structuring, duty preference programs, trade remedy laws and trade policy issues. She has assisted many importers in structuring their transactions to allow for maximum duty savings, she has considerable experience handling seizure cases at both the administrative and judicial levels, and she handles commercial litigation involving contract and trademark disputes. She also leads the firm’s Consumer Product Safety Practice Group.