What Is The De Minimis Rule, And Why Does It Matter For Temu And Shein? A provision of the Tariff Act of 1930, it was ...
President Trump’s order imposing additional tariffs on China this week also suspended a popular trade exemption known as the ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits. It increased ...
Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
U.S. Customs and Border Protection (CBP), under the U.S. Department of Homeland Security, published a Notice of Proposed Rulemaking on Jan. 21, ...
State taxes: Income from municipal bonds issued in the state where the investor resides is usually exempt from state income ...
Each of Mr. Trump’s tariff orders—on China and now-paused on Mexico and Canada—bars use of the so-called de minimis exemption. The exemption lets every business or individual import up to $ ...
The “de minimis” exemption that allowed packages worth less ... 1 raising tariffs on Chinese goods by 10 per cent. The tax loophole played a big role in driving the growth of China’s cross ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...