Buying commission
Also called: buying agent fee · alım komisyonu
A fee paid by an importer to its own agent for representing it abroad in purchasing goods, such as finding suppliers and placing orders. Buying commissions are not added to the transaction value, whereas selling commissions and brokerage paid by the buyer generally are.
In practice
Customs looks closely at whether a so-called buying agent is really independent of the seller, so contracts and evidence of the agent's role matter.
EU
Türkiye
UK
USARelated terms
- Transaction value
- The price actually paid or payable for goods when sold for export to the importing country, adjusted for items such as commissions, packing, assists,…
- Price actually paid or payable
- The total payment made or to be made by the buyer to, or for the benefit of, the seller for the imported goods, including indirect payments such as…
- Related parties
- Buyer and seller who are linked, for example through ownership, control, employment or family ties. Transaction value may still be used between them,…