Skip to main content

2014 Toronto Region Education Seminar on Valuation - Next Week!

Only one week left until the education session on Customs Valuation in Mississauga! The objectives of this seminar are to understand the six customs valuation methods, identify the correct value for duty (VFD) by using the appropriate method of customs valuation, articulate the optimal strategies for dealing with key VFD issues, and understand the importance of voluntary disclosure of past errors.

The seminar will be held on Tuesday, 24 June 2014 at 2:30pm – 5:30pm in Mississauga. The presenter is Shane Brown, LLB, Thompson, Ahern & Co. Ltd.

Seminar Outline:

  • Value For Duty (VFD) - Legislative Framework
  • The Hierarchy of Valuation Methods
  • Transaction Value - Key Elements
  • Related Party Transactions
  • Key VFD Issues
    • Burden of Proof on the Importer
    • Who is the "Vendor", and Who is the "Purchaser"
    • Existence and Purpose of Payments
    • Role of Agents
  • Ensuring a Reliable VFD
  • Current CBSA Verification Priorities
  • Voluntary Disclosure of Past Errors

Please direct your questions to Philip Mason at 905-855-1334 or [email protected].

Register Today!

5 CCS points will be awarded to designates attending this seminar.

Topic(s)

My Association
My Association - General

Information source

Canadian Society of Customs Brokers (CSCB)
Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.