The UAE has taken a significant step towards aligning its corporate tax framework with global standards by introducing a ...

Plus: Trump tariffs, beneficial ownership information (BOI) reporting, Earned Income Tax Credit, student loan interest ...

requiring them to pay additional taxes on Excess Profits calculated after accounting for tangible assets and payroll costs. Importantly, the regulation provides relief via Substance-based Income ...

President Donald Trump has reversed his decision to eliminate the “de minimis” loophole that allowed packages from China valued at under $800 to be processed without customs duties or tariffs.

Shopify president Harley Finkelstein spoke out in favor of de minimis on Tuesday, saying that countries should make it easier to sell low-cost items cross-border. An executive order issued by ...

Impact Link Some brand owners feel like "collateral damage" in a global trade war after the Trump administration temporarily reversed its decision to end de minimis shipments. The sudden reversal ...

De minimis' temporary return likely comes as a relief for companies that rely on the exemption to ship sub-$800 products from China into the U.S. without having to pay added duties. When the order ...

A trade loophole called de minimis helped drive explosive growth for bargain sites such as Temu and Shein, allowing them to ship cheap goods from China to U.S. consumers without having to pay taxes ...

While the pause opens up another front in the president’s promised trade war, the delay on closing the so-called de minimis loophole ... not foreigners, pay tariffs. Highly visible tariffs ...

President Donald Trump signed an executive order on Friday that puts a pause on his closing of the de minimis trade exemption. De minimis has helped propel Chinese e-commerce upstarts Temu and ...