During my time as a member of Congress, a curious phenomenon occurred several times a year. I would receive visits from a group of finance professionals who came to ask me to make some minor changes to legislation regarding their activities. What was strange about the matter was not that they were trying to pressure […]
Make a joke about politicians squabbling in Washington and about the Congress for which “it is urgent to do nothing,” and you can be sure to get laughs and approval from the audience. These criticisms are as old as the republic itself and always have the same success. Harry Truman’s denunciation in 1948 of Congress’s […]
One of the characteristics of customs duty is its general scope. It applies to all individuals regardless of their qualities. However, this principle is not absolute. Exceptions, in terms of partial or total exemptions from duties and taxes, are granted based on legal or regulatory texts (Finance Law, Customs Code, Investment Code, International Convention, etc.). […]
As we have seen above, the customs declaration includes several mentions. Among all these elements, there are three (03) that are essential for proper taxation of the goods. They are: the tariff classification, the origin, and the customs value. These elements are considered essential because they not only constitute the basis for taxation but also […]
The customs declaration is the act (made in the form prescribed by customs), whereby the importer or exporter indicates the customs regime to be assigned to the goods and communicates the elements required by customs for the application of this regime. SECTION 1: THE SINGLE ADMINISTRATIVE DOCUMENT (SAD) AND PERSONS AUTHORIZED TO COMPLETE IT The […]
The customs code prescribes obligations for the taxpayer, the non-compliance of which constitutes offenses. These obligations are the same for most customs regimes, whether they are simple suspensive regimes or specific to import or export. SECTION 1: BEFORE AND UPON ARRIVAL OF GOODS The taxpayer’s obligations begin as soon as the merchandise is on its […]
In “The theory of economic integration” (1961), the Hungarian economist Béla Balassa established five different forms or stages of the regional integration process, depending on whether it is more or less advanced. These are: the free trade area, the customs union, the common market, the economic union, and the economic and monetary union. 1- The […]
All the prerequisites to access your inheritance of divine protection are contained in Psalm 91. It all begins with abiding in God: “He who dwells in the shelter of the Most High will rest in the shadow of the Almighty.” Psalm 91:1 Abiding in Him means being saved. As you have surely discovered, being born […]
“If you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved. For with the heart one believes unto righteousness, and with the mouth confession is made unto salvation.” Romans 10:9-10 There must first be a belief in your heart that […]
“For the creation waits in eager expectation for the children of God to be revealed.” Romans 8:19 This refers to those who, through a genuine understanding of their divine nature, will be able to act as God on this earth. Such individuals will be capable of exercising total control over all matters of life, bringing […]
