China New Ecommerce Policy

The Tax Policy on Cross-Border E-Commerce of Imported Food (B2C) will be Seriously Strengthened

On 24 March 2016, Ministry of Finance, General Administration of Customs, and State Administration of Taxation jointly issued a notice about the new tax policy on Cross-border E-commerce of imported commodities at retail (B2C) (hereinafter referred to as online imported commodities (B2C)).