WCO Guidance on Royalties for Customs Valuation

July 29, 2013

The WCO has updated an e-Valuation Compendium with guidance on a case where royalties have been paid to a third party licensor and determines whether or not it is appropriate to include the royalty fee in the Customs value of the imported goods.

This online book is available for purchase from the WCO online book store at: http://wcoomdpublications.org/valuation/e-valuation-en-douane-acces-1-an-pour-1-utilisateur.html?id=735&category=8&___store=english&___from_store=french.

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

International News Channel

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.

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