Transcription of CUSTOMS VALUATION & COMPLIANCE ASSESSMENT
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1 George R. Tuttle Law OfficesCustoms ValuationCustoms VALUATION & & Multi-tiered Transactions (The first Sale Rule)ByGeorge R. Tuttle, IIIG eorge R. Tuttle Law OfficesOne Embarcadero Center, Suite 730, San FranciscoTel: (415)986-8780 Fax (415) 986-0908E-mail: R. Tuttle Law OfficesTransaction Value What is Transaction Value? Defined as: transaction value of imported merchandise is the priceactually paid or payable for the merchandise when sold forexportation to the United States If I have two sales of the merchandise before it is imported, which one must be used for the CUSTOMS value ?
George R. Tuttle Law Offices 1 Customs Valuation Customs Valuation & Multi-tiered Transactions (The “First Sale” Rule) By. George R. Tuttle, III
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