The recently enacted "American Jobs Creation Act" gives significant tax breaks to a number of U.S. industries--including shipping.
MARINE LOG and BLANK ROME will present a senior level seminar CHANGES IN U.S. TAXATION OF SHIPPING INCOME in Stamford, Conn. on April 5 & 6, 2004
Make sure you know how the new tax rules work!
February 02, 2005
DHS simplifies vessel information filing process
Members of the maritime industry who are required to provide arrival and departure information to the U.S. Coast Guard and U.S. Customs and Border Protection can now do do so by submitting one report.
Prior to arrival in the U.S., vessels must submit crew, passenger, vessel, voyage and cargo information for safety and security purposes and for the enforcement of U.S. immigration, import, and export laws.
Previously, vessels were required to submit this information separately to both the Coast Guard and Customs and Border Protection.
The new Electronic Notice of Arrival/Departure System (eNOAD) now provides the maritime industry with one avenue to submit the required vessel, crew, and passenger information.
Currently, the system cannot receive information for Customs and Border Protection's mandatory electronic cargo information regulation; however, the two agencies are continuing to work on ways to share this kind of information.
Other enhancements to the system include allowing the user to update previously submitted information. The system will also send an e-mail acknowledgement that the report was received.
"This is one example of how agencies within the Department of Homeland Security are coordinating and collaborating to protect our nation's interests" said U.S. Coast Guard Commandant Adm. Thomas Collins. "This is a common-sense solution that exemplifies why we have a Department of Homeland Security, and I am proud that we are able to eliminate duplicative reporting requirements."
While use of this new system is not currently mandatory, Customs and Border Protection regulations will be published that will require submission through this system.
"We are committed to simplifying and easing requirements for our industry partners while we strengthen maritime security. With a single electronic submission, we improve not only the quality but also the accuracy of the information we receive and simultaneously speed the flow of trade and secure our nation," CBP Commissioner Robert C. Bonner said.
More information on the new system, including online forms, can be found on the Coast Guard's National Vessel Movement Center website at http://www.nvmc.uscg.gov.