IOSS Update: How to Handle Double Taxation?
Back in July 2021, The European Union (EU) introduced new reforms to the VAT obligations for B2C e-commerce sellers and marketplaces, and the Import One-Stop Shop (IOSS) was set to enable sellers to comply with new VAT obligations. For a refresher on the topic, please...
USPS Service suspension to China
The U.S Postal Service has temporarily suspended Priority Mail International® (PMI) delivery to China effective January 28, 2022, due to limited transportation options. PMI parcels currently in transit will be delivered (although delays should be expected) but items...
USPS Service Suspension to Hong Kong
The U.S Postal Service has TEMPORARILY suspended parcel delivery to Hong Kong, due to the lack of air transport options to the city. The following services are impacted: Priority Mail Express International (PMEI) Priority Mail International (PMI) First-Class Mail...
2022 updates to the Harmonized System
Every 5 years, the World Customs Organization (WCO) renews its list of international product codes for global trade. The 2022 edition comes in effect on January 1, 2022 and includes updates that may impact your products’ classification. What are HS Codes and why are...
France proposes new VAT rules on goods valued over 150 euros
In July 2021, the EU implemented new trade rules for U.S sellers, making all goods imported to the EU valued at up to 150 euros (approximately $178) subject to VAT, and items valued at more than 150 euros subject to VAT and duties. See our post on the topic. Now, La...
2021 Holiday Shipping Cut Off Dates You Need to Know
Tis (almost) the season for holiday shopping, and this year is shaping up to be yet another banner year for online channels. E-commerce rose 32.4% in 2020 alone, , thanks in large part to a mix of local unavailability, disrupted supply chains, and the benefit of...
USPS Service Suspension to Australia
The U.S Postal Service has TEMPORARILY suspended First Class Package International Service (as of September 3, 2021) and Priority Mail International (as of September 17, 2021) delivery to Australia, due to COVID-19 transportation cancellations and restrictions....
COVID’s impact on Peak Shipping Season
We are now two shipping seasons into COVID, and it remains important for shippers to stay educated about its impact on global trade, especially as we get into peak season, so that they can best manage expectations with foreign-based customers. A year and a half into...
U.S Postal Service Proposes Peak Season Surcharges
To offset the increased expense of deliveries during the busiest time of the year, the United States Postal Service proposes to charge extra for parcels mailed over the holidays, including those sent by individuals. The USPS suggested surcharges on most domestic items...
State Department Preps for Universal Postal Union
The United States is currently involved in the Universal Postal Union (UPU) 2021 congress meetings with other postal operators around the world discussing important matters that impact mail and packages. The UPU, headquartered in Berne, Switzerland, was founded in...