Office des douanes et accises

Chow Kwong (Hong Kong), Customs and Excise Department

Together with the tax reform, consumption tax policies for general consumer goods such as clothing and cosmetics will be optimized, with overall adjustments made to the scope of taxation, tax rates, and the different parts of the taxation process.

On July 1, tax reductions were imposed on 1449 tax items of daily consumer goods.

Tariff rate adjustment must balance production needs with consumer demands.

Ministry of Finance Trial Implementation of Exemption VAT Consumption Tax on Cross border E commerce

Further reductions in import tariffs of consumer goods

Source Ghana Customs and Excise.

The 1998 Ottawa Taxation Framework Conditions provide that rules for the consumption taxation of cross border electronic commerce should result in taxation in the jurisdiction where the consumption takes place.

Kailash Sethi (India), Customs and Central Excise, Vishakhapatnam

It also had one of the highest petrol and energy consumption taxes in the world.

The reduction of taxes on daily consumer goods directly benefits the consumers and promotes the competitiveness of domestic industries.

Excise taxes may be levied when goods leave a factory or arrive at a port, simplifying measurement, collection, and monitoring, while ensuring coverage and limiting evasion. But, despite their robust base and low administrative costs, excise taxes currently amount to less than 2 of low income countries GDP, compared to roughly 3 in high income countries.

It is incumbent upon the Directorate General of Customs and Special Taxes on the Consumption (DGAIEC) The Portuguese Board of Customs Ministry of Finance.

In a well supplied budget, one should increase the role of excise duties by standardizing the list of goods subject to excise duty and reviewing rates of tax on spirits and tobacco products.

The import tariffs of some foreign goods for daily use for which domestic consumers have enormous demand will be lowered on a trial basis with effect from June this year, and tariff reductions will be extended to more goods over time.

and consumer electronics and other relevant products have also seen a relatively large reduction in tariffs.

The Office des douanes et accises (OFIDA) attempted to assign agents to the reunified territories in order to strengthen controls in those regions.

Meanwhile, with the reduction of general tariff level, especially the import tariff reduction of medicine and consumer goods, the taxable items and tax rate for import tax on imported goods would be reduced accordingly.

Nonetheless, with Japan s economy just beginning to recover from more than 15 years of stagnation, such a steep consumption tax hike is not advisable. In fact, such a large increase has seldom if ever been attempted, owing to the risk that it would spur consumers to spend before it takes effect, thereby reducing future consumption.

Euro for euro, dollar for dollar, yen for yen energy and carbon taxes have a lower negative impact on a nation s economy, consumption, and jobs than income tax and VAT. For example, an increase in direct taxes, such as income tax, can reduce consumption by twice as much as energy and carbon taxes that raise the same amount of revenue.

(a) Minimum excise duties on fuels to be applied to all Annex I countries

The government must not overestimate how much revenue can be gained by the consumption tax increase, and thus how much of the budget hole can be closed. Moreover, it has so far shrugged off any concern that the tax increase might have a chilling effect on consumption, and thus on economic growth.

On December 1, 2017, China further lowered the import tariffs of some consumer goods. The reductions covered 187 eight digit HS codes comprising food, health supplements, pharmaceuticals, chemical products for daily use, clothing, footwear and headgear, home appliances, culture and recreation, miscellaneous and sundry goods, as well as other consumer goods.

The tax reduction on daily consumer goods is closely bound up with people s need of better lives.

They are exempted from income tax customs duty licence fees stamp duty registration dues and transcription and inscription fees.

For more information, see report of OECD Electronic Commerce Facilitating Collection of Consumption Taxes on Business to Consumer Cross Border Electronic Commerce Transactions .

The average tariff rate of these consumer goods more than halved, plunging from 17.3 to 7.7 !

This is evidenced by the stationing of 27 border control officials of the Office des Douanes et Accises at critical border crossings with Uganda.

Xinhua News Agency, Beijing, October 1 (reported by Liu Hongxia Ma Rui) The electronic commerce retail export enterprises received another benefits in the aspect of tax burden on October 1st, concerning value added tax and consumption tax exemption, etc.

Notwithstanding the steps that have been taken to strengthen OFIDA's capabilities, the agency cannot force any changes owing to the precarious security situation.

(31) As regards income tax expenses, it is required to make disclosure of the composition of income tax expenses (proceeds), including current income tax and deferred income tax it is also required to make disclosure of the relations between income tax expenses (proceeds) and accounting profits.

OFIDA conducts physical verifications of goods in the parts of the country controlled by the Government but is unable to do so in the eastern areas.

More ... the provision of home more taxes ...

At the same time, the effective corporate tax rate in Japan is higher than it is elsewhere, making it difficult for Japan to attract investment, foreign or domestic. In order to survive international tax competition and thus be able to rely on corporate taxes as a source of revenue Japan s corporate tax rate should be lowered in the long run.

Some developing countries have introduced a far reaching VAT refund system for consumers who collect official receipts. Northern Cyprus, like Turkey, offers a 2.5 percentage point refund on VAT, compared to the standard VAT rate of 13 .

(i) Establishment of a fiscal policy to redistribute income and heavy taxation of unproductive and speculative financial capital with the reduction of taxes on basic consumer goods

More port of entry duty free shops will be set up and restored, and the variety of duty free goods will be expanded appropriately, with the value of duty free shopping increased by a certain amount so that domestic consumers would find it convenient to purchase foreign products in China.

Provisions under staff assessment amount to 8,096,100, reflecting a net decrease of 269,400, which is offset under income from staff assessment.

The overall decrease in post requirements is also reflected in reduced requirements under staff assessment offset by an equal amount recorded under income from staff assessment.

The overall increase in post requirements is also reflected in increased requirements under staff assessment offset by an equal amount recorded under income from staff assessment.

Similarly, the supplier may have difficulty in complying with the tax rules of the country where the customer is located.

Tariffs on coffee, cocoa and tea imports into consuming countries are becoming less problematic to origin countries.

The notice pointed out that for goods that have not obtained valid stock certificates for e commerce export enterprises in the comprehensive experimental area and meet the relevant conditions, the VAT and consumption tax exemption policies will be trialled.

(a) Substantial reductions of tariffs, the rolling back of tariff peaks and the removal of tariff escalation