The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de minimis benefits enumerated in RR 2- ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
“De minimis” means something is considered ... Amid all the proposed tax benefit cuts, there may be a silver lining: Business travel. Traveling for business usually qualifies for “working ...
Rather than an outright ban, a more effective approach involves targeted measures that balance trade facilitation, ...
"By exempting these low-value shipments from taxes and duties, they keep costs down and allow entrepreneurs, I think, to compete on a much larger scale." "Rather than eliminating de minimis ...
A provision of the Tariff Act of 1930, the de minimis rule was originally implemented to allow American tourists to send back goods they bought overseas tax-free. Congress increased the minimum ...
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with ... of shipments entering the U.S. through this tax-free channel has exploded in recent years ...
(Credit: JADE GAO/AFP via Getty Images files) The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by ...