VAT news tagged as "Import duties"

China

China e-commerce VAT

February 5th, 2016

The Chinese state council has extended the VAT programme on e-commerce to a new group of cities. The programme enables nominated cities to allow online shoppers to buy online without paying customs duties, consumption tax and VAT. This leaves only¬†a reduced parcel duty to be paid. The Chinese government plans to harmonise the reduced rates …