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China Hikes Cross-border E-Commerce Taxes

China has increased taxes on purchases made through cross-border e-commerce platforms in a bid to recover revenue losses. The new plan is expected to tighten control over the loosely-regulated market, while ensuring a much fairer tax base and competition between brick-and-mortar importers and cross-border online trade. But a last-minute revision of the e-commerce product import list late last week caught many operators off guard, leaving them at a loss over how to manage the delivery...


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