De Minimis
The threshold value below which no duties or taxes are collected on imported goods. For the US, this is generally $800.
Frequently Asked Questions
What is De Minimis?
The threshold value below which no duties or taxes are collected on imported goods. For the US, this is generally $800.
Why is de minimis important for US importers?
Understanding de minimis is essential for importers to correctly classify goods, calculate duties, and maintain compliance with US Customs and Border Protection (CBP) regulations.