2016 witnessed an array of cross border e-commerce (CBEC) policy changes. New taxation policy: Since April 8 2016, China implemented a new tax system for CBEC commodities. The new tax system was formulated based on the limits on the permitted total value of individual consumer transactions and the aggregated annual purchasing total for all goods purchased via CBEC respectively...
Changes in Cross Border E-commerce (CBEC) Policy in 2016
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