Handbags are another ripe target for the de minimis exemption, as most handbags cost less than $800. Tapestry, the parent of Coach and Kate Spade, had used the de minimis exemption for approximately ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Small business owners have many responsibilities. One of ...
The loophole, known as the de minimis exemption, allowed for $64.6 billion worth of goods to enter the United States duty free in 2024, according to data from the U.S. Customs and Border Patrol Agency ...
Tariff exemptions for packages shipped to the U.S. worth $800 or less are set to end this week. On Friday, Aug. 29, imported packages valued under $800 will no longer be duty-free and will be subject ...
In what seems like another lifetime, I worked for one of the "Big 4" accounting firms. I worked closely with a partner who served as the firm's executive compensation specialist. From this connection, ...
THE holidays are nearing and people, in the spirit of the Filipino Christmas, are starting to fill malls and shopping centers to find presents for their families and friends. Of course, it goes ...
Two U.S. senators penned an “urgent request” to President Joe Biden this weekend, pushing for the use of executive authority to end the de minimis trade “loophole.” Sen. Sherrod Brown (D-Oh.) and Sen.
As part of the routine administration of employee benefit plans, shortly after the end of a calendar year, many transactions must be reported to the federal government (“information returns”) and ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback