IEEPA Tariff Refund

IEEPA Tariff Refund

330,000 Importers. $166 Billion in Refunds. 2-5 Years Minimum Wait. Or Get Paid This Week. IEEPA, Section 301, and Section 232 tariffs ruled unconstitutional or legally challenged. File your refund claim or get competitive immediate cash with our buyout program.

Our Impact

We fund businesses that are ready to grow. With over $900M funded across 1,000+ companies, Icarus Fund delivers fast, flexible capital to help you seize opportunities and keep moving forward.

$4.2B+Committed Capital
$900M+Funded
81Industries Served
1,000+Businesses Funded

IEEPA Tariff Refund

$ 0 B+

01

$ 0 B+

Available in Refunds

02

$ 0 M+

Tariff Refunds Funded

03

2- 0 Years

Potential Govt Wait Time

04

Check Your Eligibility

Get Instant Cash Offer

Supreme Court Ruling: $166 Billion in IEEPA Tariffs Declared Unconstitutional

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Full IEEPA Tariff Refund Source Text

$ 0 B+

Available in Refunds

$ 0 M+

Tariff Refunds Funded

2- 0 Years

Potential Govt Wait Time

Check Your Eligibility

Get Instant Cash Offer

Supreme Court Ruling: $166 Billion in IEEPA Tariffs Declared Unconstitutional

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File Your Claim or Get Immediate Cash

By The Numbers

Three Tariff Programs, One Solution: Immediate Cash Buyouts

These industries paid the most in unconstitutional IEEPA tariffs and are entitled to significant refunds.

IEEPA Tariff

Refunds

$166B+

Supreme Court ruled these tariffs unconstitutional in February 2026. Refunds are certain, but CBP’s administrative process will take 2-5 years minimum even with the new ACE portal launching mid-April 2026.

Ruled unconstitutional by Supreme Court

Competitive immediate buyout rates available

Covers global tariffs (Feb 4, 2025 - Feb 24, 2026)

All industries affected (330,000+ importers)

Highest refund certainty

Already-filed claims receive premium rates

Check IEEPA Eligibility

Section 301 China

Tariffs

$100B+

Tariffs on Chinese imports (2018-2024) are being challenged in Court of International Trade. Multiple favorable rulings for importers already secured.

Court rulings favoring importers

Competitive contingent buyout rates available

Covers all China imports (2018-2024) ✓ Largest tariff program by volume

trong legal precedent

Rates based on litigation risk assessment

Check Section 301 Eligibility

Section 232 Steel & Aluminum

$14B+

Description: 25% steel and 10% aluminum tariffs imposed under “national security” authority are being challenged. Multiple lawsuits questioning constitutional basis.

National security justification challenged

Competitive contingent buyout rates available

Covers steel/aluminum (2018-2024)

Construction, auto, manufacturing focus

Pending litigation outcomes

Lower rates reflect higher legal uncertainty

Check Section 232 Eligibility

What Happened

IEEPA Tariff Timeline: From Implementation to Supreme Court Ruling

2024 - 2025 Status: Supreme Court ruled 6-3 unconstitutional (Feb 20, 2026)

IEEPA Tariffs Imposed

President Trump invoked the International Emergency Economic Powers Act to impose sweeping global tariffs. U.S. importers paid over $166 billion in duties across 53+ million entries.

(Throughout 2025) Status: Supreme Court confirmed unconstitutional basis

Legal Challenges Mount

Companies including Costco, Revlon, and Bumble Bee Foods filed lawsuits claiming the tariffs were unconstitutional. Multiple courts signaled doubts about IEEPA authority.

February 20, 2026 Status: CBP developing administrative refund process

Supreme Court Rules 6-3

The Court struck down IEEPA tariffs, ruling Trump exceeded his authority. The tariffs are declared unconstitutional and refunds are certain.

Now - 2031 Status: Manual processing would require 4.4 million staff hours

Refund Process Begins

CBP is building a new ACE portal system (expected mid-April 2026) for 330,000+ importers to file refund declarations. Even with automation, CBP estimates 2-5 years minimum for processing and Treasury payment.

By The Numbers

Industries Hit Hardest by Tariffs

These industries paid the most in unconstitutional IEEPA tariffs and are entitled to significant refunds.

Agriculture

$ 0 M

in IEEPA tariffs Farm machinery, chemicals, fertilizers, seeds 330,000+ importers nationwide affected

Electronics

$ 0 B+

across all programs Smartphones, computers, components 53+ million entries with IEEPA

exposure

Auto Parts

$ 0 B+

combined exposure Engines, components, accessories

Section 301 + IEEPA

heavy impact

Footwear

$ 0 B+

in tariff exposure Shoes, athletic wear, accessories Primarily IEEPA global tariffs

Consumer Goods

$ 0 B+

across programs Household items, toys, apparel Major IEEPA + Section 301 exposure

Construction

$ 0 B+

combined Materials, equipment, tools IEEPA global + Section 232 steel/aluminum

Choose Your Path

Two Ways to Access Your IEEPA Tariff Refunds

We Help You File Your Claim

Expert guidance navigating the complex CBP refund process. Perfect for businesses that haven’t filed yet and want to maximize their refund.

Complete claim preparation & filing

CBP ACE enrollment assistance

Document compilation & verification

Importer of record validation

Entry-by-entry substantiation

Ongoing status monitoring through CBP's new portal system

Ideal for:

Small to mid-sized importers who paid IEEPA tariffs but haven’t filed for refunds yet. Companies that need expert guidance through CBP’s new ACE declaration process launching mid-April 2026.

Check Your Eligibility

IEEPA Tariff Buyout Program

Already filed or have a large claim? Get 40-50% of your refund value in cash today. No waiting, no administrative burden.

Immediate liquidity (funding in days)

Competitive market rates based on claim quality

We handle all filing & legal work

No monthly payments or interest

Asset purchase (no debt added)

Risk transferred to us

Higher rates for already-filed claims

Ideal for:

Importers with claims over $100K who need immediate working capital. Companies that don’t want to wait 2-5 years navigating CBP’s new ACE portal system and validation process. Already-filed claims receive premium buyout rates.

Get Instant Cash Offer

How IEEPA Tariff Refunds Work

Get Started

01

Submit Documentation

Provide your tariff payment records, entry documentation, and importer information. We help you access CBP’s ACE system and pull Entry Summary reports (ES-003).

02

Choose Your Path

File for full refund with our help through CBP’s new ACE portal (launching mid-April 2026), or sell your claim for competitive immediate cash.

03

We Handle Everything

Expert filing, CBP ACE declaration navigation, validation support, or immediate funding—your choice. We manage the complexity so you don’t have to.

04

Get Your Money

Wait for government refund through the new administrative process (2-5 years minimum) or receive competitive immediate cash buyout (5-10 days) from us.

Icarus Fund vs. Other Firms vs. Going Alone

We purchase transferable Clean Energy Tax Credits across a wide range of projects, including:

Feature

Icarus Fund

Other Firms

DIY Filing

Buyout Rate

✓ Competitive rates based on claim quality

✗ Generic pricing, often

lower

N/A – Wait 2-5 years

Filing Assistance

✓ Full expert guidance including ACE portal navigation

✗ No filing help

Self-service through CBP’s new system

Funding Speed

✓ 72 hours to offer

✓ 1-2 weeks

✗ 2-5 years government wait

CBP ACE Process Support

✓ We handle entire declaration & validation process

✗ You handle everything

✗ Navigate CBP’s new portal alone

SMB Focus

✓ Tailored for small businesses

✗ Large deals only

N/A

Transparency

✓ Clear terms, no hidden fees

✗ Complex legal agreements

N/A

Risk Transfer

✓ We assume all govt delays & validation risks

✓ Investor takes risk

✗ You bear all risk

Already-Filed Premium

✓ Higher rates for filed claims

✓ No differentiation

N/A

Track Record

✓ $900M+ funded

Varies by firm

N/A

Not sure? Contact us for a free consultation to assess your eligibility.

Check Your Eligibility for IEEPA Tariff Refunds

Answer these questions to see if you qualify for refunds or our buyout program

Did you import goods into the U.S. between February 4, 2025 and February 24, 2026? (IEEPA "fentanyl" tariffs started Feb 4, 2025)

Did you pay tariffs that were attributed to IEEPA authority? (Look for HTSUS codes 9903.01.XX or 9903.02.XX on your entry documentation)

Are you the legal "importer of record" on customs documentation? (Or can you prove beneficial ownership if using carriers like FedEx/UPS?)

Do you have tariff payment records and CBP entry documentation? (We can help you access ACE Entry Summary reports if needed)

Is your total IEEPA claim over $100,000? (Smaller claims may be better suited for DIY filing through CBP's ACE portal)

Yes, I Qualify - Get Started

Why Icarus Fund

Better Than Other Firms or Going It Alone

Fast Funding

Competitive buyout offers in 72 hours, funding within days. Don’t wait 2-5 years minimum for CBP’s administrative process to work through 330,000+ importers and 53+ million entries.

Better Rates

Market-leading buyout rates based on claim quality. Already-filed claims receive premium rates. Documentation strength directly impacts your offer.

Expert Navigation

We know CBP refund protocols, Court of International Trade processes, ACE portal systems, and importer-of-record complexities. Former customs brokers on our team.

Risk Transfer

With buyouts, we assume all government processing delays, claim validation uncertainties, and legal complexities. Your money is guaranteed regardless of CBP’s validation outcome.

Clear Process

Clear terms, no hidden fees. You know exactly what you’re getting upfront. No surprises during CBP’s multi-step validation process.

SMB Focused

We understand small and mid-sized business needs. $900M+ funded to companies like yours. Not just chasing the largest deals.

Don't Wait 2-5 Years Minimum for Your IEEPA Tariff Refund

CBP’s new ACE portal won’t launch until mid-April 2026 at earliest. Then begins the multi-year validation process for 330,000+ importers and 53+ million entries. Check your eligibility now and choose your path: Expert filing assistance or competitive immediate cash buyout.

Check Your Eligibility Now

Get Instant Cash Offer

FAQ's

FREQUENTLY ASKED QUESTIONS

What are IEEPA tariffs and why are refunds available?

On February 20, 2026, the Supreme Court ruled 6-3 that President Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) when imposing sweeping global tariffs. The government collected $166 billion in these now-unconstitutional tariffs across 330,000+ importers. Importers are entitled to refunds, though the process will be complex and lengthy.

When will CBP start processing refunds?

CBP is building a new self-service ACE portal system expected to launch mid-April 2026. You’ll file a declaration listing your IEEPA entries, the system will validate and recalculate duties, CBP will certify, and Treasury will issue electronic payments. However, CBP estimates this administrative process will still take 2-5 years minimum given the unprecedented volume (53+ million entries, 330,000+ importers).

Manual processing would require 4.4 million staff hours —which is why they need the automated system and why it will still take years.

Do I need to go to court to get my refund?

Probably not. The Court of International Trade approved CBP’s administrative refund process on March 6, 2026, so most importers won’t need litigation. However, if CBP’s ACE system fails or significantly delays processing, the litigation deadline is February 3, 2027 (two years from the first IEEPA tariff payments).

The Court of International Trade has exclusive jurisdiction over tariff refunds—not U.S. District Courts.

How long will it take to get refunds from the government?

Minimum 2-5 years from when CBP launches the ACE portal (expected mid-April 2026). The process involves filing your declaration, CBP validation of 53+ million entries, interest calculations, certification, and Treasury payment processing. Each step takes time at this unprecedented scale.

Trade lawyers and CBP itself confirm this timeline. Even with automation, processing 330,000+ importers takes years.

What should I be doing now to prepare my refund claim?

If you plan to file yourself (or before selling your claim to us):

Get ACE portal access – Sign up for Automated Commercial Environment account

Pull Entry Summary reports – Download ES-003 report and export to Excel

Filter for IEEPA tariffs – Look for HTSUS codes 9903.01.XX and 9903.02.XX

Calculate refunds with interest – Use IRS quarterly rates published in Federal Register

Organize documentation – Entry-by-entry substantiation will be required

Wait for CBP guidance – ACE portal expected mid-April 2026

Or let us handle all of this and get competitive immediate cash instead of waiting 2-5+ years.

What's the difference between filing assistance and the buyout program?

Filing Assistance: We help you file your refund claim through CBP’s new ACE portal system, handle documentation, and navigate the validation process. You wait for the full government refund (2-5 years minimum).

Buyout Program: We purchase your refund claim immediately for competitive cash based on claim quality and documentation strength. You get paid in 5-10 days, no waiting, and we assume all CBP validation risks and delays.

Why do already-filed claims get higher buyout rates?

Claims already filed with CBP receive premium buyout rates because:

Documentation is organized and verified

CBP has acknowledged the claim exists

Processing timeline is more predictable

We assume lower validation risk

Less work required to complete the transaction

If you’ve already filed, you’re in a better position for both the government refund AND for our buyout offer.

How much can I get with the IEEPA tariff buyout?

Our buyout rates are competitive and vary based on several factors:

✓ Claim size – Larger claims often receive better rates due to economies of scale

✓ Documentation quality – Complete, organized records command higher offers

✓ Filing status – Already-filed claims receive premium rates

✓ Importer of record clarity – Direct imports vs. carrier complications

✓ Product complexity – Simple classifications vs. potential HS code disputes

Rather than publish a generic range, we provide custom quotes based on your specific situation. Most clients are pleasantly surprised by our competitive market rates.

The real question isn’t the percentage—it’s whether getting cash THIS WEEK and deploying it for 2-5 years generates more value than waiting until 2028-2031 for the government’s full payment.

Who is eligible for IEEPA tariff refunds?

U.S. importers who paid tariffs under IEEPA authority between February 4, 2025 (when “fentanyl” tariffs began) and February 24, 2026 (when they were revoked after the Supreme Court ruling).

You must be the legal “importer of record” with proper documentation. Companies that used carriers like FedEx or UPS face additional complexity—we help navigate beneficial ownership affidavits and carrier import records.

Specific IEEPA programs eligible for refunds:

EO 14193 (Canada – Northern Border)

EO 14194 (Mexico – Southern Border)

EO 14195 (China/Hong Kong – Synthetic Opioid)

EO 14245 (Venezuelan Oil)

EO 14257 (Reciprocal Trade Deficit – 70+ countries)

EO 14323 (Brazil)

EO 14329 (India – Russia-related)

What documentation do I need?

CBP Form 7501 (Entry Summary) for each entry

Tariff payment receipts showing IEEPA duties (codes 9903.01.XX or 9903.02.XX)

Commercial invoices

Bills of lading

Proof of importer of record status

Bonds/collateral documentation

Itemized tariff entries with HS codes

Missing documents? We help you access ACE Entry Summary reports, request CBP records, contact carriers for import documentation, and reconstruct from bank statements showing tariff payments.

Is the buyout program adding debt to my balance sheet?

No. The IEEPA tariff buyout is an asset purchase , not a loan. We buy your refund claim outright. There are no monthly payments, no interest, and no debt added to your financials.

It’s a clean sale with no recourse—if CBP pays us less during validation, you still keep your money. If they deny it entirely, we eat the loss.

How is Icarus Fund different from other firms buying tariff claims?

✓ Competitive rates – Market-leading offers based on claim quality

✓ Already-filed premium – Higher rates for claims already submitted to CBP

✓ SMB focus – We serve small and mid-sized businesses, not just large deals

✓ Transparent process – Clear terms, no hidden fees, no surprises

✓ CBP expertise – Former customs brokers who understand ACE portal systems

✓ Track record – $900M+ funded across 1,000+ companies

✓ Full-service – Filing assistance OR buyout, your choice

We’re not just buying claims—we’re solving the timing problem and the complexity problem simultaneously.

What about the new Section 122 tariffs that replaced IEEPA?

President Trump imposed temporary 10% tariffs under Section 122 on February 24, 2026 (the same day IEEPA was revoked). These are temporary (150 days, expiring July 24, 2026) and are already being challenged in court by multiple states.

Section 122 is separate from IEEPA refunds. If you paid Section 122 tariffs and the legal challenge succeeds, there may be another pool of refund claims available.

We can assess your exposure across:

IEEPA (refundable, unconstitutional)

Section 122 (temporary, under legal challenge)

Section 301 (China tariffs, various challenges)

Section 232 (steel/aluminum, ongoing litigation)

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