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