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 ...

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

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

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 ...

Section 321, also known as de minimis, allows importers to avoid paying duty and tax on shipments that are valued at less than $800 and going directly to customers. Shippers using de minimis do ...

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. It increased ...

Along with blanket tariffs on goods from China, Canada, and Mexico, Donald Trump has proposed closing the de minimis exception claimed by ultracheap retailers with roots in China. Along with ...

Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping ...

"This is causing chaos at all levels, " said Andrew K. McAllister, a partner at law firm Holland & Knight in Washington, D.C. The de minimis exemption has been around since 1930, when the ...

Under the “de minimis” exemption, a longstanding rule that applies to packages entering the U.S. worth under $800, retailers overseas are allowed to sell products at lower prices by shipping them ...

Each of Mr. Trump’s tariff orders—on China and now-paused on Mexico and Canada—bars use of the so-called de minimis exemption. The exemption lets every business or individual import up to $ ...

The provision, known as the de minimis exception, allowed certain products that were sent directly to consumers from online platforms to come into the United States without facing tariffs ...