Latest developments of tax policies for retail and consumer industry and e-commerce in China

Jun 2015

In our May 2015 issue of Retail and Consumer Tax Insight, we shared with you some recent policies which were launched by the Mainland government in order to promote the retail and consumer (R&C) industry. In this issue, we will update you the development of relevant policies with respect to reduction of import customs duty rates, expansion of departure tax refund shops for overseas tourists, promotion of cross-border e-commerce business and provide our observations on the impacts to enterprises in the R&C industry.