Best Practices of Customs Compliance: Core Elements of How to Satisfy CBP Requirements for an Effective Compliance Program
Gary Hegland
Senior Trade Compliance Specialist
The Boeing Company (Seattle, WA)
George Tuttle III
Partner
Law Offices of George R. Tuttle , A.P.C. (Larkspur, CA)
Carla Cravalho
Senior Customs Manager
Cisco Systems (San Francisco, CA)
- Assessing your company’s risk profile – Key factors to consider
- Large vs. small importer
- Number of imports
- Complexity of classification
- Valuation transfer pricing approach
- Tax approach vs. customs compliance approach
- Tailoring your customs compliance program to your company’s risk profile
- Raising awareness of your compliance program within your company
- How to build effective internal controls
- Working with other stakeholders in your company
- Developing effective written procedures: Review of sample Procedures
- Developing compliance program tools
- The pre-entry and post entry processes
- How to incorporate record keeping, auditing, testing into your compliance program
- Monitoring for violations (e.g. anti-dumping)
- Benchmarking to ensure a balanced program