In today’s career, with the continuous development and upgrading of information networks and electronic equipment, e-commerce has always attracted the attention and love of the majority of people. With the development of cross-border e-commerce, Amazon’s cross-border e-commerce innovation has become better and better in recent years. Many new sellers are also interested in it and want to participate, but they need to know about Amazon cross-border e-commerce tax and U.S. tax So, let’s take a look at the U.S. cross-border e-commerce tax policy.
Taxing e-commerce has become a tacit agreement among countries around the world. Rather than saying that e-commerce balances the offline real economy, it is better to say that it is a tacit understanding. When selling the same goods, offline stores not only have to bear various taxes and fees generated by physical operations, but online stores not only do not need to pay these fees, but also do not need to pay taxes, so product prices will naturally be more competitive. In the long run, offline physical stores will be hit, e-commerce will be taxed, and the real economy and the Internet economy will develop together.
E-commerce taxes in the United States are divided into two categories: business tax and sales tax. In fact, there is no difference between business tax and sales tax in the United States, but there are different concepts for the same tax. In the current tax policies of US states and cities, only low sales taxes are levied on the sale of goods. West Virginia levies retail sales tax for the first time. As of now, 46 states in the United States have established business taxes, which have become an important source of fiscal revenue for states and municipal governments in the United States, accounting for more than 40% of total revenue. Sales tax in the United States is mainly used in the buyer’s market, commonly known as buyers of goods, while sellers of goods rarely pay relevant taxes. Therefore, state and municipal governments in the United States strongly support the development and operation of enterprises. At the same time, this financial method of collecting taxes on products sold from buyers can also stimulate national entrepreneurship to a certain extent, thereby reducing social unemployment and promoting The expansion and growth of the economic aggregate.
When conducting cross-border e-commerce, you should also have a comprehensive understanding of the tax situation in each state and city in the United States. Currently, there are five states with low business tax rates in the United States, including New Hampshire, Delaware, Texas, Washington, and Oregon. These states have relatively low tax rates and are one of the hot spots for U.S. companies to locate.
The above introduction is related to the tax policy of cross-border e-commerce in the United States. Cross-border trade is always the first choice for manufacturing companies, because selling goods overseas can not only obtain higher economic benefits, but also expand Corporate influence. These are the answers to some questions about U.S. cross-border e-commerce taxation.