The U.S. Customs and Border Protection (CBP) agency released for publication in the
Federal Register, an interim rule that would, if finalized, amend regulations concerning rules to implement the preferential tariff treatment and other customs-related provisions of the United States-Peru Trade Promotion Agreement.
Comments concerning the interim rules are requested by a date that is 60 days after the CBP rule is published in the
Federal Register, which is scheduled for November 3, 2011.
For a discussion of the United States-Peru agreement:
TaxNewsFlash-Trade & Customs 2006-28
For an electronic version of the interim rule:
CBP interim rule on United States-Peru Trade Promotion Agreement
For more information, contact a professional with KPMG’s Trade & Customs practice:
Douglas Zuvich, (312) 665-1022
McLoughlin, (267) 256-2614
Todd R. Smith,
Luis A. Abad, (212) 954-3094
Amie Ahanchian, (202) 533-3247
Or your local KPMG Trade & Customs professional.
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ANY TAX ADVICE IN THIS COMMUNICATION IS NOT INTENDED OR WRITTEN BY KPMG TO BE USED, AND CANNOT BE USED, BY A CLIENT OR ANY OTHER PERSON OR ENTITY FOR THE PURPOSE OF (i) AVOIDING PENALTIES THAT MAY BE IMPOSED ON ANY TAXPAYER OR (ii) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY MATTERS ADDRESSED HEREIN.
The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.
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