Three ministries issue notice raising e-commerce retail import tax | Practical Law

Three ministries issue notice raising e-commerce retail import tax | Practical Law

China's finance, customs and tax authorities have jointly issued a notice that increases the tax applicable to cross border retail consumer transactions consummated through an e-commerce platform in China. The notice re-characterizes the tax treatment of retail imports from personal postal items to items imported for general trade.

Three ministries issue notice raising e-commerce retail import tax

Practical Law UK Legal Update 7-626-4406 (Approx. 2 pages)

Three ministries issue notice raising e-commerce retail import tax

Published on 13 Apr 2016China
China's finance, customs and tax authorities have jointly issued a notice that increases the tax applicable to cross border retail consumer transactions consummated through an e-commerce platform in China. The notice re-characterizes the tax treatment of retail imports from personal postal items to items imported for general trade.