De minimis explained and how it differs by country | Decoding Cross-Border Ecommerce | Episode #1

In the first episode of the Decoding Cross-Border Ecommerce podcast, hosts Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos' Head of Global Trade Strategy, delve into the significance of de minimis values in international ecommerce. They discuss how different countries use de minimis thresholds to streamline tax collection and reduce the administrative burden on both governments and businesses. The episode features insights into Australia's sales tax strategy, the effects of Canada's de minimis laws post-USMCA, and the overall impact on ecommerce businesses operating internationally. Ideal for online retailers and entrepreneurs, this episode provides essential knowledge on navigating cross-border operations and ensuring compliance with global trade laws. Tune in to better understand de minimis values and their importance in the ecommerce landscape with this in-depth analysis.

[00:00:00] Intro
[00:04:08] Canada de minimis overview
[00:08:16] Canada de minimis and USMCA
[00:12:12] Often, postal shipments to Canada are not getting charged duty and tax
[00:15:34] Duty and taxes can vary based on the clearance method
[00:18:14] US sales tax
[00:20:10] Cross-border low-value tax schemes
[00:23:40] UK and EU de minimis
[00:28:06] Brazil de minimis
[00:32:27] Personal shipments impact on de minimis
[00:36:27] How much should I worry about de minimis?

#deminimis #salestax #crossborder #zonos #ecommerce

De minimis value guide and tax and duty de minimis values by country: https://zonos.com/docs/guides/de-mini...

Canada country guide: https://zonos.com/docs/guides/country...

Zonos country guides: https://zonos.com/docs/guides/country...