5 days ago · The de minimis exemption is one of the most overlooked yet impactful trade policies affecting American manufacturing today. It allows imports valued under $800 to enter the U.S. duty-free and with minimal customs oversight, making it a major factor in the rise of e-commerce and direct-to-consumer sales from foreign companies.

Feb 2, 2025 · Key Points: Section 321(a)(2)(C) of the U.S. Tariff Act is the $800 duty-free threshold for low-value imports entering the United States. It is also commonly known as the "de minimis" exception; Since the last value increase in 2015, the now infamous rule has been widely used by many of the world's top Shopify and eCommerce brands, including Temu and Shein

6 days ago · De minimis is a Latin term denoting something that is "trifling or of little importance," according to the U.S. International Trade Commission. It became law in the U.S. Tariff Act of 1930, as a ...

5 days ago · 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 and import duties.. But that now stands to change, after President Trump signed an executive order stating de minimis treatment “shall not be available” for products made in China, the top ...

5 days ago · Canadian companies say losing the exemptions will inflict as much damage to their business as the 25 per cent tariff Donald Trump is promising to apply in a few weeks.

In determining whether a benefit is de minimis, you should always consider its frequency and its value. An essential element of a de minimis benefit is that it is occasional or unusual in frequency. It also must not be a form of disguised compensation.

Di minimis is something that is very trifling or of little importance. Usually refers to something so small, whether in dollar terms, importance, or severity, that the law will not consider it. For example, the di minimis fringe benefit rule in tax law allows the exclusion of …

Nov 4, 2024 · De minimis, Latin for “pertaining to minimal things,” is a phrase used to describe the smaller benefits you provide to your employees. Think of it as the little “extras” that make the workday more enjoyable without being heavy on the pocket—or the tax form.

Nov 8, 2022 · The term de minimis applies in the context of business taxes and determining when employee benefits are taxable to employees as income. Learn more about what qualifies.

5 days ago · Section 321 Suspended: What It Means for E-Commerce and Global Trade On February 1, 2025, President Trump issued executive orders suspending the Section 321 customs de minimis entry process, which previously allowed shipments under $800 to enter the U.S. duty-free. Effective February 4, 2025, all e-commerce and cross-border retail shipments—previously benefiting from this exemption—will […]