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January 2022

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In Export Controls

The Commerce Department Continues Focusing on Semiconductor Supply Chains

by 3 Mins Read

On January 24, 2022, the US Department of Commerce (“Commerce”) issued a request for information (“RFI”) to gather input on incentivizing domestic semiconductor investments and accelerate chip research to “ensure a robust domestic semiconductor industry.” Comments must be received by 5:00 p.m. Eastern time on March 25, 2022. Specifically, with the assistance of the National Institute of Standards and Technology (“NIST”), Commerce is requesting information to inform the design and implementation of the potential programs…

In Tax

UK Government’s Plastic Packaging Tax to Take Effect 1 April 2022

by , , and 1 Min Read

Baker McKenzie’s Import and Trade Remedies Blog has published a new post on the United Kingdom’s Plastic Packaging Tax (“PPT”) that will take effect on 1 April 2022.  This tax will be payable by manufacturers and importers of plastic packaging containing less than 30% recycled plastic content.  Downstream businesses that buy plastic packaging on which the tax should have already been paid may be found jointly and severally liable for any unpaid tax.  With that,…

In Compliance

Upping the Ante: New York Bill Will Require Fashion Corporate Supply Chain Mapping and Social and Sustainability Disclosures

by and 5 Mins Read

In a step that would significantly elevate obligations to map supply chains, disclose information identified, and impose financial penalties for companies who fail to comply, the New York State Senate this month unveiled the “Fashion Sustainability and Social Accountability Act” (“the Act”). The Act, if enacted, will require every fashion retail seller and manufacturer that does business in New York and has over USD 100 million in annual worldwide gross receipts to make a number…