Finanse publiczne · 20/03/1995

US Customs Amends Regulations to Allow Anticipatory Breach and Early Payment of Damages for Temporary Importation Bonds

The US Customs regulations have been amended to permit anticipatory breach and allow for early payment of liquidated damages in Temporary Importation Bond (TIB) cases, while also expanding the scope of liquidated damages to include additional fees. The changes aim to streamline the process and reduce revenue losses for the government.