How to avoid tax on Amazon? Introduction to common overseas tax issues

Today, I will introduce you to Amazon. After we open a store on Amazon, we need to pay taxes as long as we meet the tax standards. Many merchants want to know how to avoid tax exemption. After all, taxation also increases operating costs. Here is how to do it.

How does Amazon exempt taxes?

First of all, if you want free shipping, you have to be a Central Asia Prime member. Now the Prime annual membership is 288 yuan/year, and the quarterly membership is 79 yuan/quarter.

1. Goods that are tax-free must meet the following conditions:

1. The product itself meets the conditions for free direct shipping for Prime members, that is, the product with the Prime logo. Such products will have a blue Prime logo below the price.

2. This product needs to be subject to the travel tax model, and the tax for a single purchase is zero.

Generally speaking, Amazon Global Shopping currently applies to goods subject to the postal tax model, with a tax rate of 30% and a tax-free allowance of 50 yuan. If a single item meets the tax-free conditions, its price must be less than or equal to 166.66 yuan. If the price of a single item is greater than 166.66 yuan, it is obviously not applicable.

Introduction to common overseas tax issues:

1. Are the taxes and fees for overseas purchases refunded or supplemented?

Yes, if the actual import taxes paid are lower than the estimated import taxes, Amazon will refund the excess fees to the buyer's bank card account after confirming the actual taxes with the customs clearance company and customs.

2. How can I save taxes on overseas purchases?

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.

The questions raised at the beginning have been answered in the above content. It is not easy to get tax exemption on the Amazon platform. All Amazon merchants must abide by the relevant rules. I hope the above content is helpful to everyone.

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