The House committee report also claims Temu’s reliance on the de minimis provision makes it harder to check whether it’s complying with federal rules, including a ban on Chinese goods made ...
Municipal bonds and the de minimis tax For municipal bonds purchased at a discount, the de minimis tax rule determines whether the bond’s appreciation at maturity will be taxed at ordinary ...
Both sites grew exponentially in the U.S. in recent years helped by the so-called de minimis rule, a measure that exempted shipments worth less than $800 from import duties. A June 2023 report ...
In 2023 the company called for de minimis reform "to create a level, transparent playing field – where the rules are applied evenly and equally". Temu, AliExpress and Amazon did not respond to ...
The Biden administration proposed a new rule last September to curb the "overuse and abuse" of de minimis. The rule proposes to strengthen the CBP's information collection requirements for de ...
What Is the De Minimis Rule? The de minimis rule, derived from a Latin term meaning “trifling” or “of little importance,” was first introduced in the U.S. Tariff Act of 1930. It allows small-value ...
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