By David Lawder, Helen Reid, Lisa Baertlein and Lisa Barrington WASHINGTON/LONDON/LOS ANGELES (Reuters) - U.S. President ...

Another type of fringe benefit that isn't taxed is a de minimis benefit. This type of benefit has such a minimal value that employers would have a difficult time accounting for it. Among others ...

Friday saw the president reopen the floodgates for millions of duty-free shipments from e-commerce firms like Shein and Temu.

The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...

Understanding Reimbursement Plans Reimbursement plans can take many forms, such as accountable and non-accountable plans, de minimis fringe benefits, automobile mileage, or travel allowances.

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.

THE Bureau of Internal Revenue (BIR) has upheld the tax exemption on the P7,000 uniform or clothing allowance of government employees. “Pursuant to Sections 4 and 244 in relation to Section 33 of the ...