Conditional Exemptions for Filing Shipper's Export Declarations (SED) for Tools of Trade

The Bureau of the Census is amending the Foreign Trade Statistics Regulations (FTSR) to include an exemption for exporters who currently must file a Shipper's Export Declaration (SED) for temporary exports of tools of trade. This exemption will apply whenever the tools of trade are company-owned commodities and software, accompany the employees or representatives of the exporting company, and are intended to remain outside of the country for less than one year. The current regulation only allowed an exemption for filing an SED when the tools of trade were owned by individuals. This exemption will still apply. The Department of Treasury concurs with the provisions contained in this rule.