pattern-detail

About The Webinar

Each year, millions of dollars in customs duties are paid unnecessarily because importers fail to take advantage of the first sale rule. Whereas in most import transactions importers pay duties on the FOB price charged by their vendors, the first sale rule permits them to legally pay duties on a lower value. With the advent of Section 301 duties of up to 25 percent on thousands of products, importers previously subject to zero or very low duties are evaluating first sale savings opportunities.

This comprehensive webinar will guide you through the process of building a robust first sale program that will immediately add value to your company’s bottom line. 

Key Topics

  • assessing your company’s first sale duty savings potential
  • creating a first sale program with minimal impact on current transaction structure
  • establishing the requisite internal controls and procedures so that your duty savings program will stand up to CBP scrutiny
  • working with your brokers and suppliers to make sure documentation meets CBP’s rigid standards
  • ensuring that all future qualifying transactions are constructed to meet first sale requirements

 

Please note we do not accept payment via American Express.

Speaker

David E. Cohen

Managing Partner, Operating Committee
202-730-4955 dcohen@strtrade.com

David Cohen is a Managing Partner, Operating Committee with Sandler, Travis & Rosenberg, P.A., resident in its Washington, D.C., office. Mr. Cohen's practice focuses on providing strategic advice to a wide range of clients on international trade and customs law matters including valuation, preference programs and customs audits. In particular, he assists companies in structuring multi-tiered transactions to maximize lawful duty savings transactions. 

202-730-4955 dcohen@strtrade.com

Close

Cookie Consent

We have updated our Privacy Policy relating to our use of cookies on our website and the sharing of information. By continuing to use our website or subscribe to our publications, you agree to the Privacy Policy and Terms & Conditions.