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 ...
U.S. President Donald Trump this week shut a trade loophole that has been used to ship low-value packages duty-free from ...
Under the “de ... de minimis shipments. “Particularly from China, which suggests that the tariff and administrative fee incidence in direct-to-consumer trade disproportionately benefits ...
The trade loophole is meant to ease small-scale sales — but critics say it's been abused and gives Chinese firms an unfair ...
The Trump tariffs include a provision to eliminate the de minimis trade exemption on small packages coming into the US worth ...
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
It is one of the most generous such exemptions in the world: the EU de minimis threshold, for example, is 150 euros ($156). The U.S. has used de minimis since 1938 to reduce administrative burdens.
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