Cross-Border Electricity Supplier Governance Model Will Become More Standardized Industry Faces Shuffle

Recently, there is news that the new tax law on imports of cross-border electricity suppliers will be implemented. The core change of the new deal is that cross border electricity retail imports are no longer taxed according to the mode of postal tax. The industry generally believes that after the implementation of the new deal, due to cost growth, cross-border electricity supplier governance model will become more standardized, the industry will usher in a new reshuffle.

In May 2014, the Ministry of Commerce announced a preferential tax policy for cross-border electricity suppliers. Through cross-border e-commerce channels to buy overseas goods, only need to pay the postal tax, eliminating the general import trade "Customs + value-added tax + consumption tax". So far, in the pilot cities, the policy of Taxation on postal tax is still applied to the import of cross-border electricity providers.

However, there are claims that the new tax policy for cross-border electricity supplier import is likely to start on the 8 day of next month. Liu Peng, general manager of Tmall international, revealed that a few days ago, the state ministries and commissions have investigated various cross-border e-commerce platforms such as Tmall international.

The adjustment of the tax policy has long been expected. According to Li Pengbo, deputy director of the cross border electricity supplier level test committee of China Council for the promotion of trade, the change of tax system can be roughly divided into two parts in view of the import of bonded imports and direct mail. The first part is the limit, the single transaction limit increased from 1000 yuan to 2000 yuan, and the personal annual transaction limit increased to 20 thousand yuan. The second part is the adjustment of the tax rate. The postal tax is no longer applicable to the cross-border electricity supplier channel. Instead, it is changed into the form of comprehensive tax for cross-border electricity suppliers, that is, customs duties, value-added tax and consumption tax. That is to say, the new tax system no longer adopts the postal tax instead of customs duties and value-added tax.

Tariff, after the new tax system reform, specifically, within the limit (below 2000 yuan), the tariff rate of cross border electricity supplier is temporarily set to 0. If the value exceeds the limit, the excess part shall be paid according to the general trade mode. If the value of a single indivisible commodity exceeds 2000 yuan (represented by luxury goods), it will be fully taxed in accordance with general trade import goods.

Value added tax and consumption tax are collected according to 70% of the statutory tax payable. The value added tax is 17% x 70%=11.9% and the consumption tax is 30% * 70%=21%. This means that New tax system The 50 yuan tax exemption will be abolished, and the current postal tax system will be changed to 70% of the general trade value added tax, or 30 percent off on the general trade basic tax rate.

Li Pengbo introduced that the current postal tax is divided into 10%, 20%, 30% and 50% stalls according to the type of commodity. The first is milk powder, snacks, health care products and so on. The second is digital products. clothing The third is high-end watches and golf balls; the fourth is shampoo, toothpaste, cosmetics and so on. At present, no matter Consumer Which kind of goods to buy, as long as the tax does not exceed 50 yuan, you can enjoy a tax exemption policy.

According to the adjusted tax method, the tax rates of different products have increased or decreased. Take cosmetics as an example, the value added tax rate is 11.9% after 30 percent off, plus the consumption tax rate is 21% after 30 percent off. After the new tax system, the tax rate is lower than that of the previous 50%. But the tax rates for food and mother and baby products have increased. "Because there is a tax allowance of 50 yuan in line with the current postal tax system, which basically does not have to pay tax. But for cosmetics with more than 100 yuan, it is necessary to pay 50% of the postal tax, which is less than 50% after the change. The tax cost of consumers is actually falling. For some units with a price of more than 2000 yuan, they are very uneconomical. They are not subject to any discount according to general trade taxes. Such as luxury goods, the cost of taxation is very large.

Li Pengbo believes that with the increase of tax rate, there are 3 main effects: first, the overall cost of the industry will increase, at least 11.9%; second, the new deal is very unfavorable to the high value of single item or the need to levy consumption tax, which is represented by luxury goods. Therefore, luxury goods providers can not continue to get cross-border electricity supplier bonus; third, for consumer goods such as mother and infant, although the tax cost has been improved, the impact is limited.