At $3,000 and never adjusted for inflation during nearly a century, the Sec. 861(a)(3) de minimis exception seldom applies.

Logistics startup Portless secures $18 million in Series A funding amid tariff changes, offering Western brands a ...

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.

She regularly appears on CBS News 24/7 to discuss her reporting. The so-called de minimis package loophole had long allowed Chinese e-commerce firms to ship low-value goods to U.S.-based customers ...

The United States would cut the low value “de minimis” tariff on China shipments to 54% from 120%, with a flat fee of $100 to remain, starting from May 14, modifying an earlier order imposed ...

MANILA, Philippines — A local trade association of retailers has formally petitioned the Bureau of Customs (BOC) to scrap the de minimis rules on imported goods, ramping up its push to remove ...

Prior to May, any package under $800 wasn’t taxed at all. Since 1938, the “de minimis” exemption meant that no duties would be imposed at all on these small packages. The Trump ...

HONG KONG/SHANGHAI/LOS ANGELES, May 13 (Reuters) - The U.S. will cut the "de minimis" tariff for low-value ... freight some packages from China and pay the 54% tariff rather than import all ...

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.

Donald Trump calls "De minimis" a Big Scam President Donald Trump has called the de minimis exemption "a big scam going on against our country, against really small businesses." "We put an end to ...

Trump on Wednesday signed an executive order eliminating the so-called de minimis provision for low-value parcels from China, effective May 2. Under U.S. tax law, the de minimis provision allows ...

Americans will pay the price as retailers pass on increased import costs to consumers. And given how many de minimis shipments arrive in the US every day, that price could be high. A growing ...