The Parties Debated The Luxury Tax Reduction &Nbsp; The Ministries' Opinions Were Not Unified.

Although more and more consumers in China are waiting to see the benefits brought by the reduction of luxury tariffs, there are also news It is said that all parties have reached a basic consensus or that concrete measures will be launched in the near future, but the actual internal Committee may not have reached a unified view.

An interesting event appeared yesterday morning at the "China luxury tariff seminar" sponsored by the World Luxury Association. Five experts with the background of the Ministry of Finance and the Ministry of commerce all expressed their opposition to the reduction of luxury tariffs. Scholars from research institutions, however, insisted on reducing taxes on luxury goods. Some experts even suggested that they would reduce to zero to expand imports and improve the balance of payments structure.

Liu Zuo, director of the Taxation Research Institute of the State Administration of Taxation, said in an interview with the first financial daily (micro-blog) daily that there is no definite timetable for reducing the tax on luxury goods. However, according to the annual tariff adjustment time, even if there is a possibility of adjustment this year, at least it will have to wait until the end of the year.

For the reduction of luxury tariffs, the definition of luxury goods is the first thing to be solved. The World Luxury Association defines luxury products according to the per capita monthly income of the first tier cities in a country. The price of a single product should be classified as luxury before the tariff and consumption tax is higher than the monthly income per capita in the first tier cities of the country.

There are four kinds of tax on imported luxury goods in China, one is import. tariff The two is the value added tax on imported goods, three is the consumption tax, and the four is the vehicle purchase tax on imported cars.

Liu Zuo disclosed that in 2010, China added 10491 yuan in value-added tax and consumption tax in the import sector, accounting for 14.3% of China's total tax revenue, and the import tariff was 202 billion 800 million yuan, accounting for 2.8% of China's total tax revenue, amounting to 12519 billion yuan, accounting for 17.1% of the total national tax revenue.

Liu Zuo opposes the reduction of luxuries tariffs. He thinks that the tax structure of a country is closely related to the level of economic development of the country. The tax structure of developing countries is mainly indirect tax, mainly VAT. Excise tax And tariffs, China now levies taxes on luxury goods and other imported goods is a manifestation of China's current level of economic development. Moreover, for a fair consideration, tax policies can not reduce taxes on the rich.

Yang Xiaodong, director of the China Council for the promotion of international trade, holds the opposite view. He believes that lowering the tariffs on luxury goods is of great significance for improving China's income structure.

Last Saturday, vice president Xi Jinping met with US Vice President Biden, saying that China will be expected in the next 5 years. Imported More than 8 trillion U.S. dollars of goods last year, China's imports amounted to only $1 trillion and 400 billion, which means that the annual increase of about 1 trillion and 200 billion U. S. dollars. Yang Xiaodong believes that although China's tariffs are low in developing countries, it is difficult to achieve such a large import volume without further tariff reductions.

Zhao Ping, director of the Department of consumer economics, Research Institute of the Ministry of Commerce, believes that taxonomy of imported luxury goods should be classified. First, tariffs on luxury goods which are now no longer available are cut down, so that the middle income class can afford more high-quality products all over the world, and there is no need to reduce taxes for some luxuries in real sense.

This idea coincides with the newspaper's understanding of the luxury tariff reduction scheme: the reform may abolish or substantially reduce the tariff of some "luxury" cosmetics, perfume, tobacco and alcohol products, and levy a tax rate grade according to the classification and price of the products, and the average tariff reduction is 15%.