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Insights Tax Policy

Section 1059A – A Trap for the Unwary?

November 13, 2017 Tax Policy

Our community is near multiple major ports, including Port Manatee and the Port of Tampa. Taxpayers that import goods through these ports should be aware of U.S. tax issues that can arise from their actions. U.S. taxpayers that import goods from related parties outside the United States have several tax…