United States

Update on Customs Liability and the False Claims Act

Monday November 06, 2017 1:00 PM - 2:00 PM EST
From KPMG TaxWatch

KPMG TaxWatch

The Trek Leather court decision and recent False Claims Act customs cases may increase both liability and potential penalties for U.S. importers. Trek Leather found that individuals, in addition to the importer of record, may be responsible for inaccurate information provided to U.S. Customs and Border Protection even when the person was not the importer of record. Individuals and the government are increasingly using The False Claims Act as a means to pursue importers who intentionally make false declarations to the government. These recent cases are reminders to companies and trade compliance professionals that having a strong customs compliance program should be an important part of your international supply chain.

Please join professionals from KPMG LLP’s Trade & Customs Services practice as they discuss Trek Leather and the False Claims Act and what they may mean for U.S. importers as well as approaches to mitigate risk.

Amie Ahanchian

Managing Director, Trade & Customs Services, KPMG LLP

Donald C. Hok

Manager, KPMG LLP