President Donald Trump’s “big, beautiful” tax bill was approved by the House Ways and Means Committee this week—and the ...

The bipartisan legislation to end de minimis was introduced in the Senate. Credit: Orhan Cam/Shutterstock. The “de minimis” entry process has allowed goods under $800 to bypass tariffs and undergo a ...

The de minimis trade loophole has expired, affecting international shipping costs. The loophole allowed shipments under $800 to avoid import taxes and levies. Shein and Temu have said they will ...

A U.S. plan for Gaza seen by Reuters on Friday proposes a 60-day ceasefire and the release of 28 Israeli hostages alive and ...

The de minimis requirement allows a QFZP to pay 0 percent tax if their non-qualifying income in a tax period doesn’t exceed 5 per cent of total revenue or AED 5 million, whichever is lower.

In the context of international trade, de minimis (a Latin phrase that means ... the DM threshold and therefore requires them to pay duties and taxes, they would have no choice but pass on ...

The "de minimis" entry process has allowed goods under $800 to bypass tariffs and undergo a simplified entry procedure. However, the increase in such shipments has overwhelmed Customs and Border ...

President Donald Trump’s “big, beautiful” tax bill was approved by the House Ways and Means Committee this week—and the massive package could alter the fate of the de minimis trade exemption.

WASHINGTON – U.S. Senators Sheldon Whitehouse (D-RI) and Lindsey Graham (R-SC) today introduced the Closing the De Minimis Loophole Act, bipartisan legislation to end the “de minimis” exemption, which ...

The "de minimis" exemption that allows packages under $800 to come into the U.S. duty-free is set to close at 12:01 a.m. ET on May 2, leaving retailers who previously relied on the quick shipping ...

Shoppers like Mello who buy inexpensive products from China-based e-commerce companies like Shein, Temu and Alibaba can expect to pay more for ... known as “de minimis,” which applies ...