De Minimis Thresholds in APEC

Steve Holloway, Jeffrey Rae

    Research output: Contribution to journalArticle

    5 Citations (Scopus)

    Abstract

    A de minimis regime provides streamlined border clearance and exemption from customs duties and
    other taxes. These features generate economic benefits by refocusing public revenue collection on more
    efficient revenue sources, reducing the costs borne by importers, and accelerating the delivery of imports.
    Most APEC economies have de minimis regimes but thresholds range from under USD1 to more than
    USD1,000, and eligibility varies. These design features affect the balance of economic benefits and costs
    that a regime produces.
    This study assesses, in some detail, the de minimis regimes of Canada, Indonesia, Japan, Malaysia, the
    Philippines, and Thailand — the APEC-6 economies for ease of reference. We chose them as being
    broadly representative of the APEC region in terms of geography and economic development. The study
    has estimated the net economic benefit of four alternatives — representing de minimis thresholds of
    USD50, USD100, USD150, and USD200. Tables 1 and 2 have the key results.
    Original languageEnglish
    Pages (from-to)31-62
    Number of pages32
    JournalWorld Customs Journal
    Volume6
    Issue number1
    Publication statusPublished - 2012

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