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Commissioner Doyle's Briefing on China Value Added Tax

Commissioner Doyle briefed the Federal Maritime Commission at today's open meeting and provided details and recent information pertaining to efforts to clarify the People's Republic of China new Value Added Tax regime. He also discussed China's interest in establishing a mutual NVOCC legal assistance and mutual bond rider recognition mechanism as well as tax concerns in connection with terminal ownership and operations. On October 28, 2013, the Annual U.S.