New Opportunities to Recover Supply Chain Funds Through Recent Changes to the Duty Drawback Law

Charter Brokerage is a leading global trade services customs broker company providing complete customs, import, export, drawback and related services.

Charter is the premier duty drawback services company in the United States, with more claims filed than any other drawback professional. No firm or licensed customs broker matches our experience with the complex rules that govern the payment of duty drawback. Our drawback specialists recover more duties, taxes and fees for our clients than any other firm. Charter Brokerage works with legislature to shape the laws of duty drawback; we make sure our clients receive the complete tax recovery they legally deserve.

Michael Ong is a vice president at Charter Brokerage. He graduated Magna Cum Laude from the University of California, Los Angeles with a B.A. in Business Economics and a Minor in Accounting. Mr. Ong also received his Masters of Business Administration from the University of Chicago’s Booth School of Business.

At Charter Brokerage Mr. Ong is responsible for sourcing and executing acquisitions as well as leading Charter’s drawback sales team outside of the firm’s core energy and chemical sectors.

Prior to joining Charter Brokerage in 2012, Mr. Ong was a Director in Credit Suisse’s Investment Banking group covering companies in the logistics, defense and industrial sectors. Mr. Ong has 11 years of investment banking experience advising domestic and foreign companies as well as private equity firms on acquisitions and debt and equity financings in the US capital markets. Mr. Ong has executed more than 30 transactions with a combined value of over $8 billion.