Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...
Trump's tariff executive order closes the de minimis tax loophole, causing brands to scramble for solutions.
Duty-free treatment for sub-$800 products will end again once systems are put in place to collect tariff revenue more ...
A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ...
“It’s also a really tough thing to imagine that a customer is going to pay more than they already are.” The issue Russell was talking about is known as the de minimis exemption. It allows ...
US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low ...
Capping off the first month of 2025, the Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) No. 004-2025 (RR No. 4-25), amending the rules on certain de minimis benefits ... P10,000 and ...
Days after U.S. President Donald Trump ended duty-free entry for cheap Chinese goods entering the U.S., his administration ...
President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...
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