Same Ten, New Hook
Open full sizeDebits & Credits, October 9, 2026. Laughs are nonrefundable.
Transcript. Panel 1, an importer holds a customs entry summary. “They refunded the IEEPA ten percent. Section 122 expired July 24. At 12:01 a.m. a new ten percent arrived.” Panel 2, a shipping crate with three tags: IEEPA — void, crossed out; Section 122 — sunset, crossed out; Section 301 — 10%, still hanging. “Same crate.” Panel 3, Debit at his desk with his “It depends.” mug, holding the green tag. “Same rate. New parent. We do not book that as a refund.”
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This alert is for general information only and is not tax, legal, investment, or accounting advice. Consult your own advisers before acting. Carlos A. Schmidt, MBT, MBA, CPA · carlos@lapresallc.com · (917) 558-6393.