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Tagde minimis

Highlights of the USMCA deal

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Last updated on March 24th, 2020 - Did you hear about the new USMCA? President Trump recently signed legislation to implement a revamped version of the U.S.-Mexico-Canada Agreement (USMCA) that was originally drafted in 2018.  Once in effect*, the USMCA will replace the North American Free Trade Agreement (NAFTA).  Key highlights of the deal Below are a few key highlights of this new...

What is de minimis value?

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Last updated on August 20th, 2020 - You are looking to expand your ecommerce business internationally when you come across the term – de minimis. What does this mean, and why should you care? When we’re talking about international eCommerce, de minimis refers to a country-specific threshold that tells you when duties and taxes are applied. Country-specific de minimis threshold examples:...

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