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 ...
While some argue that de minimis benefits foreign e-commerce platforms ... imposing additional taxes and restrictions. Think paying at least an additional $32 for that $20 dress from Shein or ...
In influencer marketing, this guideline allows influencers to exclude low-cost products or services from their income if ...
We found that the tax treatment of the free products ... must report unless the items are considered de minimis – very low value – fringe benefits. In influencer marketing, this guideline ...
Consumer advocates have told ConsumerAffairs that Chinese sellers are using the de minimis loophole to deflate the value of their shipments to avoid taxes and skirt product-safety inspections.
The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, typically from small shippers. It permits the daily admission free of duty and tax ...
Now both Washington and Brussels are clamping down on the de minimis rule, alongside other measures — including tariffs — reining in China's economic might. But on both sides of the Atlantic ...