A collective of US entities, known as the Coalition to Close the De Minimis Loophole, has reached out to US President Donald ...
Shein's and Temu's sales fluctuated amid tariff news, credit card data showed.
Trump's executive order took aim at a little-known trade rule called "de minimis." Merchandise with a value totaling less than $800 is allowed to enter the country duty-free and with minimal ...
As tariffs are hitting retailers and forcing some to raise their prices, both companies are still able to use the de minimis exemption after the Trump administration temporarily paused its plan to ...
However, the de minimis fringe benefit exclusion does not apply if an institution provides complimentary season tickets. Exempt, if DeMinimis otherwise Taxable at time of payment, Reportable on W-2 ...
The Bureau of Internal Revenue issued Revenue Regulation (RR) 4-2025, which introduced amendments to the current list of de minimis benefits enumerated in RR 2- ...
Proposed move may increase delivery times, push price tags up by as much as 50% for items that continue to ship by air.
(Credit: JADE GAO/AFP via Getty Images files) 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 ...
Trump Closed a Loophole for Low-Cost Imports ‒ Until All Hell Broke Loose By Laura Gottesdiener and Stephen Eisenhammer (Reuters) -Days after U.S. President Donald Trump ended duty-free entry ...