Can Amazon import taxes and fees be waived? What is the import tax rate?

Can Amazon import taxes and fees be waived? What is the import tax rate?

When opening a store on Amazon, you need to understand clearly what taxes there are. For example, sales tax, value-added tax, and goods and services tax. If you want to buy goods from overseas and mail them back to China, you will also need to pay import taxes. So, can Amazon's import taxes be waived?

First of all, products with the "Prime" label generally support free direct shipping to China; secondly, the products must comply with the postal tax model, and the tax for a single purchase is 0, so that they can be tax-free.

The tax rate for goods that meet the requirements of personal tax is 30%, and there is a tax-free amount of 50 yuan, which means that if the price of this product is lower than 166.66 yuan, no tax will be charged. However, few products purchased overseas on Amazon now meet the requirements of personal tax.

How much more is the tax?

The normal tax for general goods purchased overseas is 11.9%, and some special products will have higher taxes. If you are taxed by customs, the additional tax will be more than 30%, which is still relatively high. You can use a forwarding company for overseas purchases, and you don't have to worry about being taxed.

How can I save taxes on Amazon?

1. Packaging

If the value of the product in the package is relatively high, it is recommended that you purchase it in several packages to reduce the value of the product, which can reduce the probability of being taxed. It is also recommended not to have too many of the same products in one package, otherwise it is also easy to be taxed.

2. Choose transshipment transportation

Nowadays, many forwarding companies provide tax-inclusive services, so you can choose a forwarding company that provides tax-inclusive services to transport your products. This can also save you some taxes, which is very important.

3. Purchase products that comply with the travel tax

Products that conform to the travel tax model and have a single purchase tax of 0 are tax-free; that is, no tax will be charged if the price of the product is lower than 166.66 yuan.

Generally speaking, if a product has a "Prime" label, it can be shipped directly to China for free. Secondly, products that meet the postal tax model and have a single purchase tax of 0 can also be tax-free.

<<:  Does Amazon Europe KYC require a public account? What information does Amazon KYC require?

>>:  Is it true that Amazon pays money to register a store? What should I pay attention to?

Recommend

Xiaohongshu's "virtual bloggers" are in a "surge" phase

Is the trend of digital people the future or a cra...

New trend in single economy!

The consumption trend of the consumer market is in...

Are Shopee's preferred sellers reviewed once a week?

Many Shopee merchants want to become preferred sel...

2021 Operator Annual Work Summary——Universal Activity Program Planning

Introduction: With the rapid development of the In...

Skits are booming, but why is no one around us watching them?

Now that short dramas are so popular, who is actua...

How to cancel Amazon vacation mode? Steps

During the Spring Festival, many Amazon merchants ...