Does your related-party import price hold up under Customs scrutiny?

A practical webinar using four WCO case studies to show exactly how Customs examines related-party transactions and what you need to have in place.

When your business imports goods from a related company, Customs has the right to question whether your declared price has been influenced by that relationship. Under Article 1.2(a) of the WTO Valuation Agreement, the burden of proof is on you.

This 3-hour training webinar on the 20th May, delivered by Douglas Mackay ITM Specialist, walks through four real WCO case studies — each with a different outcome — to show precisely how Customs makes its decisions, and what separates a compliant importer from one facing a disputed valuation.

What you’ll learn:

The Article 1.2(a) legal examination — how Customs scrutinises related-party prices
Resale Price Method vs Cost Plus Method — which applies and why
The two Interpretative Note tests and what happens when you fail both
Article 7 fallback valuation — how Customs rebuilds the import price from scratch
The proactive compensatory adjustment process that keeps transaction value intact
What a post-clearance audit looks for and how to prepare

Who should attend:

· Customs managers and trade compliance professionals

· Tax advisers working on transfer pricing

· Finance teams

· Procurement and supply chain professionals

· Importers within multinational enterprise groups

Included with every registration:

A complimentary handout pack featuring a Four-Case Comparison Card

Article 1.2(a) Decision Flowchart

Compliance Self-Assessment Checklist and Key Terms Glossary.