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Customs basics: import taxes

This week we dig into some taxation fundamentals for importers.

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Valuation of goods for Non-Resident Importers (NRIs)

Valuation of goods is a snarly topic at the best of times. It’s challenging territory to navigate and worth reading more about.

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Compliance Verification Trends - September 2021

Canada Border Services Agency (CBSA) prioritizes certain industries and products for verifications to ensure ongoing compliance. The Agency keeps its verification priority list current on their website. Cole’s Audit Response Team also keeps track of trends we see in CBSA Verifications, which we share with you.

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Freight update September 2021: latest news and updates on the worldwide supply chain

The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest freight news, so we can keep you abreast of the situation.

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USMCA/CUSMA: our best advice for importers

What have we learned?

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Single Window Initiative (SWI) - Survival Guide for ECCC Vehicle and Engine Emissions Program

The new SWI landscape The Single Window Initiative means several changes for importers:

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Special Import Measures Act (SIMA): 2021 updates

What is SIMA? One of CBSA’s roles is to protect Canadian producers from unfair foreign competition. The Special Import Measures Act (SIMA) is part of that effort, specifically addressing the subsidizing and dumping of imported goods.

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Incoterms: an importers guide

The Incoterms or International Commercial Terms are a series of trading terms and conditions designed to assist companies when goods are sold and transported. When both a buyer and seller agree to an Incoterm, it then allows both the buyer and seller to identify clearly where lies the responsibility of each party.

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Freight update July 2021: latest news and updates on the worldwide supply chain

The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest freight forwarding news, so we can keep you abreast of the situation.

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CARM: Cole's latest updates for importers

CARM Release 1 has rolled out and importers and customs brokers alike have begun to register and use the CARM Client Portal (CCP).

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