Indirect Tax Group holds seminar on customs rules and processes

On 16 February 2017, SGV’s Indirect Tax – Customs and Global Trade group conducted a seminar titled Customs Updates: A Comprehensive Seminar on the Changes in Customs Rules and Processes. More than 100 clients, mostly importers and exporters from various industries, attended the seminar held at the Washington SyCip Development Center (WSDC).

The seminar featured lectures and discussions on the Customs Administrative Orders (CAOs) recently issued by the Department of Finance (DOF) and the Bureau of Customs (BOC) to implement the provisions of the Customs Modernization and Tariff Act (CMTA). The seminar also offered a first look at the other draft CAOs, which are currently the subject of public consultations by the BOC and/or pending approval by the DOF.

The seminar was primarily facilitated by Tax Partner and Head of the Indirect Tax practice Mark Tamayo, and Tax Principals Lucil Vicerra, Stef Nava and Vic de Dios. Other speakers included Senior Directors Vicki Ballesteros and Arlyn Sarmiento, and Associate Directors Josephine Grace Sandoval and Edward Gialogo.