The de minimis law promotes trade and lowers barriers to global commerce by expediting the import of low-value items, ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de ...
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more effectively, per the White House.
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Impact of Trump's De Minimis Loophole Crackdown on E-Bikes and Lithium-Ion BatteriesIn a significant shift in U.S. trade policy, the Trump administration has closed the de minimis loophole for certain imports, including e-bikes and lithium-ion batteries coming from China. Starting ...
The Jan. 21 NPRM proposes that shipments valued at $800 or less and covered by Section 201, Section 232 or Section 301 tariffs be ineligible for the de minimis ... maintain key benefits of the ...
President Donald Trump is considering changing a key U.S. trade benefit to other nations, the "de minimis" exemption on import tariffs, as he accuses China of unfair trade practices and blames it ...
De Minimis': the Trade Perk Trump Ended as Part of China Tariffs By Casey Hall (Reuters) -U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages ...
Currently, U.S. de minimis requirements exempt any individual shipment valued under $800 from duties when it passes through customs. According to data from CBP, shipments into the U.S. claiming a de ...
The Kenya Revenue Authority (KRA) reduced the Fringe Benefit Tax and Deemed Interest Rate from 16% to 13% Similarly, the government's principal revenue collector said that it had cut the Low-Interest ...
The Kenya Revenue Authority (KRA) has announced new tax rates for the Fringe Benefits Tax, Deemed Interest Rate and Low-Interest Benefit. The revenue authority in a statement on Friday, January 17, ...
US Customs and Border Protection (CBP) has unveiled its planned changes to de minimis rules to help ease the administrative burden of dealing with rapidly growing e-commerce volumes and to clamp down ...
The US proposed a new regulation on Monday to strengthen oversight of low-value imports under the de minimis rule, which exempts goods valued at US$800 or less from duties and stringent screening.
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