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Search Results: keywords:"end china’s de minimis abuse act"

  • H.R. 805, titled the “End China’s De Minimis Abuse Act,” proposes changes to section 321 of the Tariff Act of 1930. It aims to adjust administrative exemptions by preventing goods from being split into separate shipments to avoid duties. Furthermore, it restricts certain items from receiving...

    Simple Explanation

    H.R. 805 wants to change some rules so that people can’t sneakily avoid paying taxes on items they bring into the country by splitting big shipments into smaller ones and doing tricky things. If someone breaks these new rules, they might have to pay a lot of money as a punishment.

  • H.R. 7979, titled the "End China’s De Minimis Abuse Act," aims to amend section 321 of the Tariff Act of 1930. It focuses on modifying the rules related to administrative exemptions for imports, specifically limiting situations where merchandise is split into separate shipments to bypass...

    Simple Explanation

    H.R. 7979 is a bill that wants to stop people from sneaking in goods while avoiding paying certain taxes, especially from countries that have special rules. If someone breaks the rules, they have to pay a lot of money as a penalty.

  • H.R. 7979, known as the “End China’s De Minimis Abuse Act,” aims to amend section 321 of the Tariff Act of 1930. This bill seeks to limit the administrative exemptions for imports that are split into separate lots to avoid tariffs and restrict certain goods from countries facing U.S. trade...

    Simple Explanation

    H.R. 7979 is a bill that wants to make sure people can't avoid paying taxes when bringing things into the country by splitting them into smaller packages, and it also wants to make sure bad countries can't use special rules to bring things in without paying. If someone breaks these rules, they might have to pay a lot of money.