United States

Managing CBPs approach to Audits

Monday December 05, 2016 2:00 PM - 3:00 PM EDT
From KPMG TaxWatch

KPMG TaxWatch

Event Overview

A significant number of U.S. importers have recently been put on notice of their standing obligations to be compliant with customs laws. These companies received letters from U.S. Customs and Border Protection (CBP) Regulatory Audit encouraging them to review their recent trade data and available Informed Compliance Publications. These letters explained to the recipient the potential enforcement actions in the event of non-compliance. The issuance of this notice has raised concerns and questions among the importing community.

Professionals from KPMG’s Trade and Customs Practice as well as special guest speakers from CBP Office of Trade’s Regulatory Audit, James T. Madden, Field Director; Teresa Halpin, Assistant Field Director, and Joan Colby, Assistant Field Director, will provide background and insight into these recent developments and will also discuss the potential impact on U.S. importers.

Specifically, the Webcast will cover:

  • Rationale and importance of the informed compliance letters issued by Regulatory Audit
  • Differences between audits, surveys, and focused assessments
  • What this all means for importers and how to ensure you are compliant

Douglas P. Zuvich

Partner, Head of Global Trade & Customs Services, KPMG LLP

Andrew L. Siciliano

Partner, Trade & Customs Services, KPMG LLP