Annual Report Of The Foreign Trade Zones Board To The Congress Of The United States

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Annual Report of the Foreign-Trade Zones Board to the Congress of the United States for the Fiscal Year Ended ...

Author : United States. Foreign-Trade Zones Board
Publisher : Unknown
Page : 274 pages
File Size : 44,5 Mb
Release : 1941
Category : Free ports and zones
ISBN : UCLA:L0063905020

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Annual Report of the Foreign-Trade Zones Board to the Congress of the United States for the Fiscal Year Ended ... by United States. Foreign-Trade Zones Board Pdf

Annual Report of the Foreign-Trade Zones Board to the Congress of the United States for the Fiscal Year Ended ...

Author : United States. Foreign-Trade Zones Board
Publisher : Unknown
Page : 920 pages
File Size : 46,9 Mb
Release : 2024-06-16
Category : Free ports and zones
ISBN : STANFORD:36105219392441

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Annual Report of the Foreign-Trade Zones Board to the Congress of the United States for the Fiscal Year Ended ... by United States. Foreign-Trade Zones Board Pdf

71st Annual Report of the Foreign-Trade Zones Board to the Congress of the United States

Author : U.s. Department of Commerce
Publisher : CreateSpace
Page : 68 pages
File Size : 46,9 Mb
Release : 2014-03-04
Category : Business & Economics
ISBN : 1496028465

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71st Annual Report of the Foreign-Trade Zones Board to the Congress of the United States by U.s. Department of Commerce Pdf

This document details the Annual Report of the Foreign-Trade Zones Board – FY 2009

Annual Report to Congress for the Fiscal Year Ended June 30 ...

Author : United States. Foreign-Trade Zones Board
Publisher : Unknown
Page : 24 pages
File Size : 47,9 Mb
Release : 1940
Category : Free ports and zones
ISBN : HARVARD:HL0JI5

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Annual Report to Congress for the Fiscal Year Ended June 30 ... by United States. Foreign-Trade Zones Board Pdf

Annual Report

Author : United States. Foreign-Trade Zones Board
Publisher : Unknown
Page : 712 pages
File Size : 49,8 Mb
Release : 1966
Category : Free ports and zones
ISBN : UCAL:B5024203

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Annual Report by United States. Foreign-Trade Zones Board Pdf

International Trade

Author : Anonim
Publisher : Unknown
Page : 68 pages
File Size : 41,9 Mb
Release : 1989
Category : Free ports and zones
ISBN : UCAL:C3405971

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International Trade by Anonim Pdf

U.S.-Foreign Trade Zones

Author : Liana Wong
Publisher : Independently Published
Page : 36 pages
File Size : 42,6 Mb
Release : 2020-01-04
Category : Electronic
ISBN : 1655353837

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U.S.-Foreign Trade Zones by Liana Wong Pdf

U.S. foreign-trade zones (FTZs) are geographic areas declared to be outside the normal customs territory of the United States. This means that, for foreign merchandise entering FTZs and reexported as different products, customs procedures are streamlined and tariffs do not apply. For products intended for U.S. consumption, full customs procedures are applied and duties are payable when they exit the FTZ. In 1934, in the midst of the Great Depression, Congress passed the U.S. Foreign Trade Zones Act. It was designed to expedite and encourage international trade while promoting domestic activity and investment. The U.S. FTZ program offers a variety of customs benefits to businesses which combine foreign and domestic merchandise in FTZs. Similar types of "zones" exist in 147 countries, employing roughly 90 to 100 million workers worldwide. Though some aspects differ, all have streamlined customs procedures and no duties applicable on components and raw materials combined in zones and then re-exported. The worldwide network of free trade zones facilitates the integration of economies into global supply chains. U.S. FTZs can affect the competitiveness of U.S. companies by allowing savings through (1) duty reduction on "inverted tariff structures" (where tariffs are higher on imported components than on finished products); (2) customs and inventory efficiencies; and (3) duty exemption on goods exported from, or consumed, scrapped, or destroyed in, a zone. Though difficult to achieve, other possible alternatives, such as broad-based tariff reductions through multilateral negotiations, and overall customs reform might provide some of the same competitive advantages as zone use in a more efficient manner, while also ensuring that all importers have equal access. Zone activity represents a significant share of U.S. trade. According to the FTZ Board's 2018 Annual Report to Congress, foreign goods entering the United States through FTZs accounted for almost 10% of total U.S. imports. Oil/petroleum (25%), vehicles and related parts (17%), and electronics (16%) made up the majority of foreign goods entering FTZs. A majority of goods entering FTZs are used in production activities (63%), while the remaining are used in warehouse and other logistical activities (37%). Most goods (86%) arriving through FTZs were consumed in the United States; the rest were exported. The industries that account for a significant portion of zone production activity include the oil refining, automotive, electronics, and pharmaceutical sectors. Administration of the U.S. FTZ system is overseen by the Secretaries of Commerce and the Treasury, who constitute the U.S. FTZ Board. The Board is responsible for the establishment of zones, the authorization of specific production activity, and the general oversight of zones. It also appoints an Executive Secretary, who oversees the Board's staff. Homeland Security's Customs and Border Protection (CBP) directly oversees FTZs and enforces regulations set by the Board. It activates the zones and secures and controls dutiable merchandise moving into and out of them. CBP oversight also includes both protection of U.S. tariff revenue and protection from illegal activity through screening, targeting, and inspections. In 2012, the U.S. FTZ Board issued new regulations. They focused primarily on streamlining the application procedures and shortening, generally from a year to four months, the time for FTZ approval for production activity under certain circumstances.

Tax Free Trade Zones of the World and in the United States

Author : Susan Tiefenbrun
Publisher : Edward Elgar Publishing
Page : 849 pages
File Size : 51,8 Mb
Release : 2012
Category : Business & Economics
ISBN : 9781849809061

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Tax Free Trade Zones of the World and in the United States by Susan Tiefenbrun Pdf

This definitive and comprehensive book, with contributions from world-renowned foreign trade zone expert, the late Walter Diamond, provides an up-to-date guide to the free trade zones and subzones in the United States and around the world. Economic reasons for using free trade zones are explored, encompassing the benefits gained and profits earned, such as exemptions, reductions from customs duties, proximity to foreign export markets, and low-cost processing and packaging of goods designed to lower duties or freight charges. Practical, hard-to-locate data and contact details are provided on every free trade zone in the US, as well as information on the history, growth and types of users in each zone, storage space, transportation access, the cost of user facilities, utilities, communications, labor availability, warehousing features, and enterprise zones within the free trade zone. Tax Free Trade Zones of the World and in the United States will be an invaluable reference tool for a wide-ranging professional audience including: international, multinational and business law firms, tax advisory and finance firms, international sales and marketing executives, import, export and shipping companies, customs brokers and insurance agencies. In addition, it will prove a useful, practical resource for law students focusing on international business and international trade.

Recurring Reports to the Congress

Author : United States. General Accounting Office. Office of Program Analysis
Publisher : Unknown
Page : 810 pages
File Size : 47,8 Mb
Release : 1984
Category : Administrative agencies
ISBN : MINN:30000010577637

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Recurring Reports to the Congress by United States. General Accounting Office. Office of Program Analysis Pdf

Describes reports required of executive branch agencies by the Congress on a recurring basis.

Requirements for Recurring Reports to the Congress

Author : Anonim
Publisher : Unknown
Page : 812 pages
File Size : 44,8 Mb
Release : 1984
Category : Administrative agencies
ISBN : UIUC:30112075623378

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Requirements for Recurring Reports to the Congress by Anonim Pdf

Describes reports required of executive branch agencies by the Congress on a recurring basis.

Requirements for Recurring Reports to the Congress

Author : United States. General Accounting Office
Publisher : Unknown
Page : 474 pages
File Size : 48,5 Mb
Release : 1977
Category : Administrative agencies
ISBN : STANFORD:36105031879112

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Requirements for Recurring Reports to the Congress by United States. General Accounting Office Pdf

Congressional Record

Author : United States. Congress
Publisher : Unknown
Page : 1338 pages
File Size : 52,6 Mb
Release : 1971
Category : Law
ISBN : HARVARD:32044116494253

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Congressional Record by United States. Congress Pdf

The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)