Marcos Carrasco-Menchaca is a recognized international trade attorney, advising clients on international trade compliance, customs, free trade agreements, customs litigation, and taxation on foreign trade. He is a partner in Foley & Lardner's Transactions and International Trade Practices, where he handles international business transactions, regulatory matters, and administrative litigation. Marcos is a trusted advisor on foreign trade to major multinational and national companies in the retail, fashion, oil and gas, automotive, auto parts, and manufacturing industries. He has broad experience in the implementation of governmental exportation programs, such as the registration of companies in the Mexican Maquila Program (IMMEX), VAT Certification, Sectorial Promotion Programs (PROSEC) and Drawback, among others. He also advises on the compliance involved with these programs and assists companies during audits performed by the Mexican authorities. Marcos is also experienced in customs valuation and has assisted global brand name companies in determining whether the payments of royalties, insurance, and freight fees must be considered as incrementing the customs value of imported goods, providing advisory on that regard during audit procedures from the Mexican authorities. Because of his background in international contracting, companies and fellow attorneys consistently seek his advice on a broad range of business-related implications and consequences.