A relatively less-known tax mitigation provision called the US Duty Drawback program allows US-based automakers to recover the import tariff paid on vehicles manufactured abroad, as per a new report.

As Republicans now look to build on the success of President Trump’s tax cuts with a second reconciliation bill, protecting duty drawback should remain a priority for Congress as it aims to grow our ...

Rising tariffs and trade enforcement are reshaping the economics of international e-commerce. For brands importing into the U.S. and shipping globally, duty costs have climbed significantly—especially ...

“The duty drawback program is one of the longest-standing trade mechanisms in the United States, having been established in 1789,” said Kimberly Foley, Executive Director of TA. “Its core function is ...

In today’s volatile global trade environment, shifting tariff policies and ongoing legal developments, like the Trump-era executive orders and related court cases, are reshaping cost structures for ...

"Al Duty Drawback & Tariff Refund Automation"Zollback today launches the first AI-powered duty drawback platform that automates the identification, optimization, and filing of tariff refund claims ...

Filing for duty drawback with U.S. Customs and Border Protection (CBP) remains one of the most complex and time-consuming processes for American shippers, but it has become easier during the past year ...

As companies look for savings in all aspects of their business, import costs can be one way to find them. Elizabeth Shingler, manager of tax, trade and customs at multinational advisory firm KPMG, ...