U.S. Foreign Trade Zone (FTZ) vs. Customs bonded warehouses: Understanding the differences
ThomsonReuters
OCTOBER 10, 2023
they can often be stored in either a foreign trade zone (FTZ) or Customs’ bonded warehouses to take advantage of various savings and operational benefits. Foreign Trade Zone is a designated geographical area within the U.S. FTZ and bonded warehouse can offer benefits in duty deferral, potential duty elimination and tax saving benefits.
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