• Recent China VAT Changes affecting Transport and Logistics

    Recent China VAT Changes affecting Transport and Logistics

    China Tax Alert – Issue 22, September 2013 Changes to China’s Value Added Tax (VAT) system from 1 August 2013 have increased the overall VAT burden on international air and sea transportation providers, their agents based in China, freight forwarders and other logistics service providers. This China Tax Alert summarises the changes, and outlines what can

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  • State filing confirms Evergreen shutdown

    Statement released under owner’s name contradicts memo sent to employees   Del Smith, founder and owner of Evergreen International Aviation, issued a statement at the close of the business day Friday denying a News-Register report that it intends to close its air cargo subsidiary, Evergreen International Airlines, at the end of the month. However, Smith’s

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  • Japan Advance Manifest Filing Rules

    On March 30, 2012, a bill to amend part of the Customs Tariff Law had passed establishing the Advance Filing Rules (AFRs) for Japanese imports. The amendment set the requirements for a vessel operator or a NVOCC to electronically submit to the Customs information on maritime container cargoes to be loaded on a vessel intended

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  • Maersk Line Revives Sealand Name

    Maersk Line recently announced the the formation of a regional containerized shipping company that will service the intra-Americas region. The name of the new affiliate will be called Sealand. According to a Maersk Line press release, the new affiliate will operate similar to the company’s other regional carriers including; intra-Asia carrier MCC Transport and intra-Europe

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