Will China's import tax rate cuts lower beauty prices?


State Council has lowered tax rates in a further 12 more Chinese cities

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China’s State Council recently posted an update on its website about the decision to broaden its e-commerce tax policy trial.

In the post, it was noted that a decision had been made to lower tax rates on goods traded via cross border e-commerce in a further 12 more cities in China, following the pilot zone.

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