AS we look ahead to the new year, significant developments in the tax treatment of de minimis benefits have been issued by ...
When it comes to discussions about foreign trade, “de minimis” may be both the top-used term and the most controversial talking point of 2024. The trade provision, which allows shipments worth $800 or ...
Mike Mullin, executive director of the Express Association of America, framed the end of de minimis primarily as a logistical ...
Tariff exemptions for packages shipped to the U.S. worth $800 or less are set to end this week. In July, President Trump signed an executive order to suspend the “de minimis” tax exemption rule, which ...
The White House said Friday that the Biden-Harris administration is cracking down on de minimis imports from China. The de minimis exemption allows imports valued at $800 or less into the United ...
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Maximizing de minimis benefits and take-home pay
The start of the new year brings encouraging news for both employers and employees when it comes to compensation and benefits ...
Shein and Temu benefit from Trump's pause on ending the de minimis exemption — for now. The de minimis exemption allows duty-free imports under $800. Meanwhile, many companies that source their ...
For nearly a century, the “de minimis” trade exemption let people skip import fees for shipping small stuff. But after the U.S. raised its limit to $800, that small stuff became big business, driven ...
On September 13, the Biden-Harris administration announced new actions to address "significant increased abuse" in the use of the de minimis import exemption. The de minimis import exemption allows ...
It’s only right that American families deserve every opportunity to savor life and enjoy little luxuries when they can. The “de minimis” tax break, which allowed billions of packages from overseas ...
This week, U.S. Customs and Border Protection (CBP) published two Notices of Proposed Rulemaking 1 that could significantly impact and curtail the entry of low-value shipments not exceeding $800 ...
Tariff exemptions for packages shipped to the U.S. worth $800 or less are set to end this week. On Friday, Aug. 29, imported packages valued under $800 will no longer be duty-free and will be subject ...
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