China managed VAT by invoice, therefore VAT invoice management is a key point, and the Chinese tax authorities have been using information technology on VAT collection and management. Continue reading
The Brazilian Program for Authorized Economic Operators (AEO) was set forth by the Federal Revenue’s Normative Instruction n.1,521/2014. The program will certify international trade stakeholders providing they can present low operational risks, concerning both cargo physical security and tax and customs compliance.
Those certified as Authorized Economic Operators may benefit from several operational preferences, including being able to use the AEO seal, which states the company’s reliability before clients and authorities. Continue reading