In recent years, with the continuous development and improvement of Internet technology, domestic enterprises have actively expanded international markets and accelerated the pace of “going out”. Under the “dual cycle” model, cross-border e-commerce has developed rapidly. As a new international trade trend, cross-border e-commerce has shown strong development vitality in recent years and has become an important starting point for promoting the construction of the “Belt and Road”. The “Belt and Road” initiative and the goal of “stabilizing and improving quality” of foreign trade, then , let’s learn about the new tax policies for cross-border e-commerce under the Belt and Road Initiative!
Generally speaking, the applicable scope of tax refund (exemption) for e-commerce retail export enterprises is roughly the same as that for general trade export enterprises. Cross-border e-commerce retail involves tax refund (exemption) policies, tax exemption policies, and tax declarations.
(1) Value-added tax declaration.
Cross-border e-commerce enterprises that meet the conditions for tax refund (exemption) policies must declare VAT on export goods for that month during the VAT declaration period of the next month, and report sales in the tax-free column.
(2) Tax exemption declaration.
After receiving all tax refund (exemption) vouchers and relevant electronic information, the enterprise can apply for tax refund (exemption). Depending on the type of enterprise, the information provided is the same as that of foreign trade enterprises and production enterprises. Similarly, within 15 days after the enterprise declares export tax refund (exemption), according to the order of export goods for which export tax refund (exemption) is declared, the relevant documents for the goods declared for tax refund (exemption) shall be filled in the “Export Goods Registration Document Catalog” , and indicate the location where the filing documents are stored and keep them for future reference.
Cross-border e-commerce import tax payment.
(1) Import duties: taxes paid when imported goods pass through the customs border of other countries.
(2) Postal tax: a tax levied on luggage and postal items passing through the country’s customs territory.
(3) Value-added tax: my country stipulates that the value-added tax on imported goods is 17% and 13%.
(4) Consumption tax: Consumption tax is levied on luxury goods, high-energy consumables, non-renewable consumer goods, and consumer goods harmful to the body.
Cross-border e-commerce export tax payment.
(1)Tariffs: EU member states impose tariffs of 0% to 25% on items imported from outside the EU.
(2)Import value-added tax.
(3) Value-added tax: Sales value-added tax payable during the circulation of goods.
The above introduction is the sharing of knowledge related to the new tax policies for cross-border e-commerce along the Belt and Road Initiative. With the rapid development of cross-border e-commerce, its tax policies are also constantly changing, with new regulations for different categories and returns. It is stipulated that returns will not affect secondary sales. If it is delivered to the original supervised business place within 30 days of customs release, no relevant taxes and fees will be levied, and the personal annual transaction volume will be adjusted.