Customs duties and consumption taxes are the oldest form of taxation. Energy taxes are also very important as they tax the supply and consumption of electricity, natural gas and coal.
In a globalised world, cross-border product development and the international sale of goods are key economic drivers. Customs and international trade law can present compliance hurdles for global companies. Laws and regulations must therefore be addressed with appropriate awareness. This is the only way to overcome the challenges of global trade and find the best possible operative and tax solutions for companies.
Our WTS experts assist clients with all matters relating to customs and international trade law, drawing on our extensive professional expertise and long-term practical experience. We prepare expert reports and tailored information on customs issues for our clients. This includes customs classifications, support in obtaining binding customs information and determining customs values. We advise on questions relating to origin of goods and preferences. We also support clients with respect to anti-dumping measures, as well as with questions relating to customs and international trade law exports. Advising on current import/export restrictions as well as on individual export control issues complete the range of services offered by WTS Austria.
Our WTS experts also advise clients on the following topics:
- Application for customs exemptions (tariff suspension or tariff quota)
- Analysis to reduce customs charges through the use of preferences
- Review of import tax notices
- Assistance in the preparation of remission and/or reimbursement requests
At WTS we prepare our clients for external audits. We also represent them vis-à-vis the financial and customs authorities and assist with customs inspections. We also analyse audit reports and use them to derive policy recommendations.
Constant changes in the substantive and procedural customs, consumption and energy taxation rules inevitably lead to legal uncertainty. By constantly monitoring and evaluating the latest developments and working with our colleagues from WTS Global, we guarantee you superior knowledge and create the basis for high quality consulting to solve your customs, consumption and energy taxation issues.