BEGIN:VCALENDAR VERSION:2.0 PRODID:-//wp-events-plugin.com//7.4.0.1//EN TZID:Europe/London X-WR-TIMEZONE:Europe/London BEGIN:VEVENT UID:87@internationaltradematters.com DTSTART;TZID=Europe/London:20260630T100000 DTEND;TZID=Europe/London:20260630T110000 DTSTAMP:20260519T143002Z URL:https://internationaltradematters.com/events/customs-valuation-wco-en- 7-1-webinar/ SUMMARY:Customs Valuation Explained: What Counts in the “Price Actually P aid" DESCRIPTION:In October 2025\, the World Customs Organization (WCO) adopted Explanatory Note 7.1 - a significant development in customs valuation guid ance that provides greater clarity around one of the most important concep ts in international trade:\n\nThe “price actually paid or payable” und er the transaction value method.\n\nFor importers\, customs professionals and advisers\, this concept sits at the heart of customs valuation and imp ort declarations. Yet historically\, guidance has often been spread across multiple WCO instruments and interpretations.\nThis practical webinar wil l explain what EN 7.1 means in real commercial terms and how businesses ca n better assess whether payments should\, or should not\, form part of cus toms value.\nThe session combines technical insight with practical commerc ial examples relevant to UK and EU importers.\n\n\n\n\nWhat Will Be Covere d?\nDuring the webinar\, we will explore:\n\n\n The background and signif icance of WCO Explanatory Note 7.1\n The meaning of “price actually pai d or payable”\n The EN 7.1 three-pillar framework\n The “condition o f sale” test in practice\n Payments included within customs value\n Pa yments excluded from customs value\n Transfer pricing adjustments and cus toms valuation\n Warranty charges and training fees\n E-commerce platfor m fees\n Compliance considerations for UK and EU importers\n\nThe session will also examine practical commercial scenarios to help attendees unders tand how the guidance may apply in day-to-day operations.\n\n\n\n\nWho Sho uld Attend?\nThis webinar is designed for professionals involved in intern ational trade\, customs and cross-border transactions\, including:\n\n\n Customs compliance managers\n Trade compliance teams\n Import/export pro fessionals\n Finance directors and CFOs\n Transfer pricing specialists\n Customs brokers and freight forwarders\n Tax advisers and accountants\n International trade lawyers\n E-commerce importers and platform operato rs\n\nNo prior knowledge of WCO valuation rules is required.\n\n\n\n\nLear ning Outcomes\nBy the end of the session\, participants will be able to:\n ✔ Understand the purpose and structure of EN 7.1✔ Assess whether payme nts form part of customs value✔ Apply the “condition of sale” test m ore confidently✔ Recognise common customs valuation risk areas✔ Better understand the interaction between customs valuation and transfer pricing \n\n\n\n\nAbout the Presenter\nDouglas Mackay\nDouglas Mackay is a Customs \, Trade &\; Indirect Tax Specialist at International Trade Matters Ltd with more than 40 years of international customs experience.\nHis backgro und includes participation in WCO Technical Committee on Customs Valuation work\, senior advisory roles at KPMG China and PwC China\, and leadership positions overseeing customs and VAT operations across Asia Pacific regio ns.\nDouglas advises businesses across UK\, EU and international trade fra meworks on customs valuation\, tariff classification\, rules of origin and trade remedies.\n\n\n\n\nRegister Your Place\nPlaces are limited for this complimentary practitioner briefing.\nhttps://www.eventbrite.co.uk/e/cust oms-valuation-explained-what-counts-in-the-price-actually-paid-tickets-198 9905037534?aff=oddtdtcreator\nFor further information\, please contact:\ni nfo@internationaltradematters.com ATTACH;FMTTYPE=image/jpeg:https://internationaltradematters.com/wp-content /uploads/2026/05/What-you-Paid-Course.jpg CATEGORIES:General Event,Online Event,Webinar END:VEVENT BEGIN:VTIMEZONE TZID:Europe/London X-LIC-LOCATION:Europe/London BEGIN:DAYLIGHT DTSTART:20260329T020000 TZOFFSETFROM:+0000 TZOFFSETTO:+0100 TZNAME:BST END:DAYLIGHT END:VTIMEZONE END:VCALENDAR