ICPA Survey Results

The survey results are in! On December 19, 2008, ICPA released a survey to gather information on how ICPA members and the import community plan on implementing the requirements of 10+2. There was an average of 288 respondents to the “10+2” Survey questions. Major bullet points are:

The majority of respondents are aware of “10+2” (over 98%) and are knowledgeable about the data elements (95%).
86% percent of the respondents expect that “10+2” will impact their company’s import operations.
56% plan on using their Customs Broker to make the security filing, while 15% intend to use the forwarder. Almost 13% have not decided who will file for them.
40% of the respondents said that they plan on filing the Custom entry at the same time as making the security filing, while almost 40% said they would keep the two filings separate. 20% said they did not think about filing the Custom entry at the same time as making the security filing.
56% of the respondents said that they expect to be charged a fee for the security filing while 36% did not know if their agent would charge them a fee.
225 of you responded to the question on how much you would be charged for the ISF. 16% of you said that the fee would be less that $35 per filing while almost 12% said that the fee would fall between $35 and $85 per filing. Less than 2% said that the fee would be $85 or more per filing. 167 respondents, or almost 70%, however, said that they did not know the cost per filing yet.
54% said that they have discussed the information requirements with their foreign suppliers while 45% said that they have not.

For the complete survey results visit http://www.surveymonkey.com/sr.aspx?sm=6sDUvnBBBhncluj2rBqxIK
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If you have any questions on the issues raised in this newsletter, please contact George R. Tuttle, III at the Law Offices of George R. Tuttle, P.C. at (415) 986-8780 or at geo@tuttlelaw.com.

George R. Tuttle, III is an attorney with the Law Offices of George R. Tuttle in San Francisco.

The information in this article is general in nature, and is not intended to constitute legal advice or to create an attorney-client relationship with respect to any event or occurrence, and may not be considered as such.

All rights reserved. Information has been obtained from sources believed to be reliable. However, because of the possibility of human or mechanical error by our offices or by others, we do not guarantee the accuracy, adequacy, or completeness of any information and are not responsible for any errors, omissions, or for the results obtained from the use of such information.

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