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 ...

Among others, de minimis benefits include the employee use of ... Awards given for achievements are exempt from tax withholding and are also deemed not taxable. Remember: Taxes for the current ...

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 ...

The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...

Trump's new tariffs suspend China's de minimis exemption, blocking duty-free shipments under $800 - a move aimed at curbing ...