Although domestic e-commerce traffic is becoming increasingly difficult to obtain and domestic e-commerce growth has become more and more expensive, the development of cross-border e-commerce has been steady. With the new direction of China’s economic work, we will continue to adhere to the general tone of seeking progress while maintaining stability, and improve the quality of economic operation and the rationality of growth by comprehensively deepening reform and opening up. Efforts will be made to boost market confidence, actively promote high-level opening up, and more actively attract and utilize foreign investment. At the same time, domestic demand will also need to be expanded. Against this development background, cross-border e-commerce imports have become a policy focus and an important area. So, let’s take a look at the tax policies for cross-border retail e-commerce.
1. What taxes and fees need to be paid for cross-border e-commerce imports?
Consumption tax and value-added tax.
2. How to calculate the comprehensive tax for cross-border e-commerce imports?
Comprehensive tax rate for cross-border e-commerce = (value-added tax rate + consumption tax rate)/(1-consumption tax rate)*70% .
3. Cross-border e-commerce retail import tax policy.
1. The value of a single transaction cannot be greater than 5,000 yuan.
If the single transaction price exceeds 5,000 yuan and cannot be split, the full tax will be charged as general trade; however, it is allowed to be split into several packages with a value of less than 5,000 yuan and each will be taxed at a preferential rate.
2. An individual’s annual cumulative transaction limit cannot exceed 26,000 yuan.
The cumulative transaction value of consumers exceeds 26,000 yuan.
3. Goods with a duty-paid price exceeding 5,000 yuan.
The basis for imposing tariffs is determined through price.
4. Other taxes and fees on cross-border e-commerce imports.
Consumption tax: such as high-end cosmetics consumption tax, luxury goods consumption tax, etc.
Anti-dumping duties: For example, the import of goods such as Australian red wine requires anti-dumping duties.
The above introduction is relevant knowledge about cross-border retail e-commerce tax policies. Cross-border e-commerce retail import refers to selling goods in the country through e-commerce and paying value-added tax in accordance with legal standards. Specifically, goods and services imported from abroad are required to pay taxes and fees for sales within the country, and the amount of tax incentives for cross-border e-commerce retail imports will be significantly reduced, establishing a more fair, transparent, and orderly cross-border e-commerce. improve the international trade environment and promote global economic prosperity and sustainable development.