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Yep, that’s exactly right. De Minimis was intended to prevent people from shipping stuff back from vacation or family from paying taxes twice. These companies exploit that loophole to avoid the standard customs and imports procedures retailers normally go through. The Biden admin is currently looking to lower the De Minimis for that reason.
Yep, that’s exactly right. De Minimis was intended to prevent people from shipping stuff back from vacation or family from paying taxes twice. These companies exploit that loophole to avoid the standard customs and imports procedures retailers normally go through. The Biden admin is currently looking to lower the De Minimis for that reason.