Full Description
This book provides readers with an authoritative guide to measure, quantify and address customs, VAT and international trade risk, especially with a view to maximising the efficiency of both trade practice and the governance and collection of national revenue associated with the regulation and control of cross-border trade.
Delivering expert insight into the rationale behind customs investigations, Managing International Trade Risk defines trader risk in terms of international trade and customs and VAT compliance, and highlights the pitfalls in conducting international trade and customs management, practices and procedures. Offering a guide to dealing with customs issues that ensures correct and accurate compliance is the priority when it comes to dealing with imports and exports, it offers solutions in terms of trader knowledge of customs procedures coupled with the knowledge to avoid problems concerning customs and VAT compliance issues and regulations.
This text is written for customs and VAT practitioners, lawyers, policy-makers, industry and financial professionals (international trade, tax and finance), scholars, lecturers, quasi-government organisations and Government departments (Treasury, Tax), as well as Chambers of Commerce. It will be of interest to all involved in the process of international trade, customs and VAT.
Contents
Preface; Glossary of Terms and Abbreviations; INTRODUCTION; Chapter 1. RISK MANAGEMENT; Chapter 2. THE INTERNATIONAL COMMERCIAL TERMS OF DELIVERY (INCOTERMS); Chapter 3. RISK MANAGEMENT IN INTERNATIONAL TRADE; Chaper 4. INTRODUCTION TO FINANCIAL RATIOS; Chapter 5. EXPORTING & IMPORTING CONSIGNMENTS; Chapter 6. TARIFFS, QUOTAS, SANCTIONS AND OTHER TRADE RESTRICTIONS; Chapter 7. ANTI-DUMPING AND COUNTERVAILING DUTIES; Chapter 8. EXCISE DUTY; Chapter 9. VALUE-ADDED TAX (VAT); Chapter 10. CUSTOMS AND VAT RISK MANAGEMENT; Chapter 11. CUSTOMS AND VAT COMPLIANCE MANAGEMENT; Chapter 12. CUSTOMS RISK STRATEGY AND SELECTIVITY; Chapter 13.THE UNION CUSTOMS CODE (UCC); Chapter 14. AUTHORISED ECONOMIIC OPERATOR (AEO); Chapter 15. CARGO PRE-CLEARANCE; Chapter 16. TRADER AWARENESS; Chapter 17. EXPORT LICENSES AND CONTROLS; Chapter 18.TRADING WITH NORTHERN IRELAND ; Chapter 19. THE IMPLICATIONS OF THE DECISION BY THE UK TO LEAVE THE EUROPEAN UNION (BREXIT); Chapter 20. SAF-T - THE STANDARD AUDIT FILE FOR TAX; Chapter 21. CONCLUSIONS; References; Annex 1; Annex 2; Index
