In today’s life, information networks and electronic devices are developing and upgrading rapidly, and entering e-commerce has always been the focus and favorite of the public. With the development of cross-border e-commerce, the discovery of Amazon’s cross-border e-commerce has been getting better and better in recent years, and there are also many new sellers who are interested in it and want to join. Want to know Amazon’s cross-border e-commerce tax, various aspects of US taxation.
Taxation of e-commerce has become a tacit understanding in every country in the world. It is more of a tacit understanding than a balance of the offline real economy. When selling the same product, offline stores also need to bear various taxes and fees generated by the operation of physical stores, while online stores not only do not have these fees, but also do not need to pay taxes, so the price of goods is naturally more competitive. In the long run, offline stores will be hit, tax e-commerce operators, and make the real economy and the Internet economy develop together.
The tax of US e-commerce is divided into two categories: business tax and sales tax. In essence, there is no difference between business tax and sales tax in the United States, but the concept of the same tax is different. In the current tax policies of states and cities in the United States, only a lower rate of business tax is levied on the sale of goods. West Virginia, USA, imposed a retail tax in the state for the first time. So far, forty-six states and cities in the United States have established sales taxes, which have become the main fiscal revenue of state and municipal governments in the United States, accounting for more than 40%. The sales tax in the United States is mainly used in the buyer’s market, which is what we usually call the buyer of goods. As for the sellers of goods, the state governments of the United States rarely collect relevant taxes. It can be seen that the state and municipal governments in the United States have given strong support to the development and operation of enterprises. At the same time, this financial method of collecting product sales tax for buyers can also stimulate the entrepreneurial behavior of the whole people to a certain extent, thereby reducing the unemployment rate of people in society and promoting the diffusion growth of the total economy.
When conducting cross-border e-commerce, you should also have a basic understanding of the tax level of each state and city in the United States. At present, there are five states in the United States with low sales tax (business tax), namely New Hampshire, Delaware, Texas, Washington and Oregon. The tax rates in these states are relatively low, which makes them several popular cities where American companies compete to settle.
Cross-border trade has always been the best choice for manufacturing companies. Selling goods abroad can not only obtain higher economic benefits, but also expand their influence. These are the answers to some questions about cross-border e-commerce taxation in the United States.