customs duty

The Transfer Pricing adjustment does not impact on the customs value of imported goods. Judgment of the European Court of Justice of December 20th, 2017

The European Court of Justice published in December 20, 2017 a sentence (case C-529/16) that decouples the prices agreed between related entities and the customs value declared. This relation was proposed by the World Trade Organization by 2015, through the publication of the Customs Valuation and Transfer Pricing Guide. This…

The preferential origin of goods in customs with the presentation of valid certificates of origin. ECJ’s Judgment of April 7th, 2016

At the time of customs clearance for free circulation of goods within the customs territory of the Community, Regulation (EEC) 2454/93 of the Commission, laying down provisions for the implementation of the Community customs code, provides for the requirements so that goods can benefit in terms of customs duties due…

Customs value of goods, in case of related parties. Judgment of the European Court of Justice of January 21st, 2016

Normally, when talking about transactions between related parties the first aspect to consider is related to direct taxation and transfer pricing. However, transactions between related parties also have their impact on indirect taxation, as for example for the setting of the value in customs, which is used for settlement by the…