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And yet Jerry Peck, the vice president of product strategy for global trade and transportation execution at QAD, made the point that when global companies think about digital supply chains, global trade compliance is often not part of their thinking. An inverted tax strategy can magnify the landed cost differential.
Nevertheless, the argument that trade compliance is complementary to a company’s overall tax strategy certainly makes sense to many companies. This action was brought by the Office of Foreign AssetsControl which is an enforcement agency of the U.S. In many companies, the legal department also rolls up to finance.
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