On March 19, 2015, the US Department of Commerce issued a revision of the preliminary tax rate for the dumping of US passenger cars and light truck tires.
According to the calculation error comment made by the round, the US Department of Commerce revised the mistakes in the calculation of the round and Jinyu initial tax rate, and revised the tax rate from 36.26% to 18.58%; Jiatong’s calculation error comments were not accepted by the US Department of Commerce. Therefore, the tax rate of Jiatong is unchanged; due to the lower tax rate of the race, the average tax rate of the enterprises with separate tax rates generally applicable in the Chinese tire industry has dropped from 27.72% to 18.99%.
The US Department of Commerce has not released the actual implementation of the revised dumping preliminary margin rate. The table below shows the actual tax rate that is expected to be implemented after deducting export subsidies and double relief factors.
In this case, Beijing Jincheng Tongda Law Firm and American Dekai Law Firm acted as the agent of the round and Jin Yu. It found errors in the US Department of Commerce's SAS calculation program, helping the race and Jinyu significantly reduce the dumping tax rate. Due to the lower tax rate of the race, the separate tax rates (average tax rates) that are generally applicable across China have also been greatly reduced, which has benefited the entire industry.
It is understood that the US Department of Commerce uses the professional statistical software SAS for programming calculations when calculating the dumping margin. Due to the lengthy and complicated calculation process source code, the US Department of Commerce often has programming errors. Lawyers recommend that there should be professional SAS programmers in the anti-dumping response team against the US to check for possible programming errors in the US Department of Commerce.
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