Q/A for proposed BIS intra-company transfers rule released
The U.S. Commerce Department's Bureau of Industry and Security has released a question and answer section on its Web site pertaining to the proposed rule establishing a license exception for intra-company transfers.
The license exception would allow an approved parent company and the approved owned or 'controlled-in-fact' entities to export, re-export or transfer (in-country) many items on the Commerce Control List among themselves for internal company use only.
The Q/A is available online at www.bis.doc.gov/policiesandregulations/ictquestionsandanswers.htm. For more information about the proposed intra-company transfer license exception rule, access the Oct. 3 Federal Register notice at edocket.access.gpo.gov/2008/E8-23506.htm.
Q/A for proposed BIS intra-company transfers rule released
