What is Non Privileged Foreign Status?
November 30, 2023What is Zone Restricted Status?
November 30, 2023Privileged Foreign (P, or PF) status merchandise in an FTZ is taxed based on its condition at the time is admitted to the FTZ. For certain types of merchandise, PF status is mandated by the Foreign-Trade Zones Board even if NPF status would be advantageous.