FTZ: Is it For Your Warehouse?
July 27, 2017 - (11:00 AM - 12:00 PM)
The Foreign Trade Zone (FTZ) Program, under the auspices of the U.S. Customs and Border Protection authority, helps U.S. companies stay competitive internationally. Why would a warehouse want FTZ status? There are many benefits for your customers, including, “While in the zone, merchandise is not subject to U.S. duty or excise tax. Certain tangible personal property is generally exempt from state and local ad valorem taxes.”