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THE RISK OF CUSTOMS VALUE FRAUD ON IMPORTS OF GOODS PURCHASED FROM AFFILIATED COMPANIES
Abstract
The role of multinational enterprises as an important actor in the sphere of international economic relations is well known. It is essential that the governments of the member states take care so that transfer pricing does not affect the rules of commercial competition, the international consensus at the level of trade agreements, but at the same time does not constitute a major risk of customs fraud that could affect financial interests of the EU. The OECD recommendations highlighted the fact that business transactions between related companies must be carefully managed, and the customs value verification for this type of operations must be done more carefully in the future. It should not be overlooked that such analyzes should also be corroborated with other provisions, close to the sphere of transnational organized crime, a fact of such a nature that thorough checks should also be made in the sphere of knowing the clientele and the beneficial owner. Through this article, we aim to identify the risks of a customs nature, the correct legal interpretation, and the establishment with greater precision of the rules of interpretation and strict application of the customs value in relation to transfer prices.
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References8
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