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- ...

“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 ...

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 ...

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 ...

Section 321, also known as de minimis, allows importers to avoid paying duty and tax on shipments that are valued at less than $800 and going directly to customers. Shippers using de minimis do ...

(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 ...

Under U.S. tax law, the de minimis provision lets companies avoid import taxes and customs inspections on international shipments with a retail value of less than $800.