Topic summary
De minimis exemption
Extracted from the Wikipedia article De minimis.
Duties and taxes on imports
In recent years, countries have been reviewing their tax and duty-free exemptions so as to avoid providing an advantage to low-value imports. For example, the European Union and South Africa have proposed the elimination of duty-free de minimis exemptions. Since 2021, there has been no de minimis exemption for imports from value-added tax in the EU.