WASHINGTON DC - US proposals to scrap the ‘de minimis’ loophole - which allows ultra fast fashion giants Shein and Temu to evade paying tax on their direct to consumer packages - are not practical, according to a report.
A study published by groups led by the National Foreign Trade Council (NFTC) says scrapping de minimis would require an army of new staff to check parcels and end up costing more than it brought in from import duties.
