The Trade Compliance Blueprint Miniseries – Part III: Valuation

Customs valuation is one of the most consequential and frequently the most challenging areas of trade compliance. A miscalculated method or an unvalidated adjustment doesn’t just risk a CBSA reassessment; it compounds across every entry using the same flawed approach, turning a small error into a significant liability.

Join Dominion as Erol Özberk and Andrew Simkins provide an overview for a focused session on how to get valuation right and keep it right.

What you will walk away with:

• Valuation methodology fundamentals — the hierarchy of methods used to determine value for duty, and how to correctly identify and apply adjustments (royalties, assists, commissions, and related-party pricing) without under- or over-declaring.
• Risk mitigation in practice — why knowing (and being able to defend) your chosen method matters, how to validate the documentation that supports it, and why your valuation process needs to be revisited on a scheduled basis, not just after an audit finding.
• Common pitfalls — the recurring errors CBSA flags most often, and where importers unknowingly expose themselves to reassessment and penalty risk.
• What’s changing — new and pending developments affecting value-for-duty determinations, and what importers should be doing now to stay ahead of them rather than reacting after the fact.

Whether you’re building a valuation process from scratch or auditing one that hasn’t been reviewed in years, this session will give you a practical framework for managing valuation risk with confidence.