Program Lets Firms Defer, Reduce or Eliminate Duties, Tariffs and Taxes
Foreign Trade Zones (FTZs) have been around since 1934, created as part of the New Deal in the depths of the Great Depression to spur commerce and international trade. Yet many retailers are still not aware the program exists, or of the benefits they can realize from deferring or eliminating import duties, tariffs and taxes. Depending on the volume of orders handled, companies can save millions of dollars in costs annually. So, what is involved in the calculus to determine if the FTZ program is worth the investment? And who do you partner with to make the endeavor a success? In this special report, experts in logistics, importing and FTZ operations give you all the information you need to make an informed choice.
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