A Latin term that used to be little-known outside the world of customs brokers has become the stuff of headlines this year. That’s thanks to a decision by US President Donald Trump to close a tariff ...

Packages valued at or under US$800 sent to the U.S. outside of the international postal network will now face 'all applicable ...

President Trump’s new executive order suspends the de minimis exemption for global low-value imports, a move that could raise ...

President Trump has ended the de minimis exemption, which allowed duty-free imports under $800, citing unfair trade and ...

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President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.

The de minimis exemption — derived from Latin meaning “too small to be of significance” — was an amendment to the Tariff Act of 1930 and was enacted by Congress in 1938 to “avoid expense ...

The de minimis tax rule sets the edge at which a markdown bond ought to be considered as a capital increase instead of ordinary income. The standard expresses that a discount which is less than 0.25% ...

Low-value parcels coming from other countries will no longer evade tariffs under the executive order President Trump signed ...