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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 ...

While this proposed legislation aims to close existing loopholes that may currently benefit foreign companies, it also risks creating unintended barriers that could hinder international trade and ...

As per data provided by the US Customs and Border Protection, goods worth over $47 billion were shipped into the US after qualifying for the de minimis benefit. This has allowed platforms like ...

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.

U.S. Customs and Border Protection (CBP) on Monday announced the release of a Notice of Proposed Rulemaking (NPRM) that it says will boost its ability to intercept illegal de minimis packages.

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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 ...