Reconciliation Customs Reconciliation Program: Why’s and How To’s”

Join ICPA and Global Partner Braumiller Law Group

for an informative webinar on:

Reconciliation

Customs Reconciliation Program: Why’s and How To’s”

Tuesday, October 12th, 2021

10:30 a.m. – noon CST

This webinar will discuss main scenarios related to imports which can trigger usage of the Customs Reconciliation program. The reasons why the program usage is triggered will also be reviewed. We will then review an example of how to calculate the reconciliation values for practical application. Finally, we will review the basics on the preparation and filing of a Reconciliation entry with CBP.

We will focus on the following in this presentation:

· Discuss the “Why’s”: What are the scenarios which can trigger usage of the Reconciliation program, and why – which includes an overview of Customs valuation bases of appraisement

· Practical application: Review a sample scenario and demonstrate the calculation process, to add to a trade professionals toolkit

· Review the process for preparing the information for a Reconciliation entry, and then the steps involved in filing the entry with CBP.

Q&A to immediately follow the presentation

We are taking questions in advance of the webinar. Please forward to [email protected]

Jennifer Horvath, Partner, Braumiller Law Group

Jennifer advises companies about issues related to import, export and international trade laws, leveraging her extensive corporate regulatory compliance background to provide exceptional analysis of regulatory compliance issues. She has extensive experience in dealing with U.S. Customs and Border Protection, the Department of Commerce and the Department of State.

Jennifer assists companies with a range of international trade issues, including advising Fortune-ranked companies on complex Customs and export issues. Her practice before U.S. Customs and Border Protection includes strategizing voluntary disclosures (prior disclosure), protest filings, application of free trade agreements (NAFTA, U.S. Korea, etc.) and obtaining release of seized merchandise, as well as extensive experience in representing companies with tariff classifications across a range of industries. She has assisted companies in preparing for and representing them for Customs audits and Focused Assessments. Jennifer guides clients in antidumping/countervailing duties issues and obtaining scope determinations from the Department of Commerce. Jennifer has strong experience in Customs valuation issues, including valuation analysis unique to maquila transactions. Jennifer focuses on advising companies how to strengthen their import compliance programs in a practical and effective manner.

Full Bio: https://www.braumillerlaw.com/bio/jennifer-horvath/

Paul Fudacz, Partner, Braumiller Law Group

Paul Fudacz, a Partner with Braumiller Law Group, has nearly 30 years of experience in International Trade law. He specializes in customs and import regulatory issues, export controls and licensing, legal audits, supply chain security initiatives and establishing and managing comprehensive regulatory compliance programs.

Prior to joining Braumiller Law Group, Paul held the position of Senior Counsel, International Trade for a global Fortune 500 vehicular components manufacturer. In that capacity, he was accountable for all aspects of import and export trade compliance. His recent practice has involved assisting clients in the aviation, polymer and chemical, material handling, electronics, oil and gas, solar cell, toy and recreational equipment and vehicular components industries.

Paul has special expertise in the areas of HTS classification, anti-dumping and countervailing duties, customs valuation, customs seizures, bilateral and multilateral trade agreements, ACS Reconciliation, C-TPAT, Customs and FTC marking and ISA certification requirements. He also has considerable experience with EAR, ITAR, OFAC, and anti-boycott compliance. Beyond this area of practice, he assists clients in obtaining foreign trademark registrations.

Full Bio: https://www.braumillerlaw.com/bio/paul-fudacz/