De Minimis: Meaning, Rule, and Tax Explained

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2026-09-21 10:45:43 - Translate -

De minimis is derived from the Latin, de minimis non curat lex, meaning “the law does not apply to the insignificant.” Simply put, de minimis meaning is that which is too small, too insignificant or too unimportant to justify time, cost or legal action against it. The question of what is de minimis may vary according to the circumstances. It's employed in the legal, tax, customs,...

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