The revised de minimis benefit limits took effect on January 6, 2026. With higher ceilings, employees can now receive more support without triggering additional taxes.
India and the European Union have finalized a free trade agreement after nearly two decades of negotiations, creating a vast market and eliminating EU tariffs on 90% of Indian goods. This landmark ...
Since the de minimis exemption was abolished four months ago, the number of parcels coming to the U.S. worth less than $800 has fallen by 54%. Tariffs are the major theme of the Trump administration's ...
THE Bureau of Internal Revenue (BIR) has issued new regulations increasing and clarifying caps on “de minimis” benefits that employers may grant to workers without being subject to income tax. De ...
US lawmakers are only considering de minimis tax exemptions for dollar-pegged stablecoins, according to Bitcoin Policy advocate Conner Brown. Representatives of the Bitcoin Policy Institute (BPI), a ...
The US government has collected $1 billion in de minimis tariff revenue since rolling back the exemption on low-value packages this spring, according to new data that Customs and Border Protection ...
The European Union has voted to do away with its de minimis exemptions for low-value parcels as soon as 2026, as the bloc looks to manage the flood of duty-free shipments coming from Chinese retailers ...
Situation Overview: The SEC’s temporary de minimis thresholds for security-based swap dealing activity ($8 billion for credit default swaps and $400 million for non-CDS) are scheduled to change ...
Since President Donald Trump halted the so-called “de minimis” exemption allowing cheaper goods to flow into the U.S. tariff-free, businesses small and large operating in the U.S., including companies ...
U-Freight Group (UFL) is noting shifts in US trade policy, particularly the removal of the de minimis threshold for duty-free imports, impacting e-commerce logistics strategies. Many ...