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In the past fake branded products were sold at the back-street market stalls or by vendors carrying suitcases on the streets. Today this phenomena has become even more pervasive with the advent of internet technologies and eCommerce and are attracting purchasers from various sections. Thus, brand counterfeiting has been on the rise over the past […]

Supply chain over the years  has clearly focused on the manufacturing principles, just-in-time deliveries managed by using smaller batches and short lead times. Though globalization has provided today’s business enterprises enough scope for market expansion, profit and revenue generation, it has placed a few challenges too. Globalized business environment today is made up of complex […]

Gray market also known as a parallel market is the trading of legitimate and genuine manufactured trademarked goods  that are sold outside the manufacturers authorized trading channels. The products intended for a certain country market are diverted to some other country market through unapproved distribution channels. This practice is also called parallel importation. Gray market […]

The IRS (Internal Revenue Service) in order to collect the taxes from overseas incomes has strengthened its processes and surveillance for international income disclosure. One of the enhanced processes comprise of elements such as the examination of FBAR, i.e. Foreign Bank and Financial Accounts rules and greater disclosure of foreign information. This has been implemented […]

Enterprises that are into foreign ventures and business, needs to implement an effective global strategy or they have a risk of witnessing adverse business tax return consequences. The most negative outcome that can take place is that organizations might be unaware and miss the benefits that are available for cross-border business ventures. Global tax hindrances […]