China's State Taxation Administration has issued Announcement No. 36 of 2019 on the introduction of preferential taxation based on a deemed profit rate for the export of retail goods by qualifying e-commerce enterprises. The preferential policy is meant to promote cross-border e-commerce and includes a flat 4% tax rate on revenue of enterprises that meet the following conditions:
- the enterprise is registered in the e-commerce pilot area and the exports registered with the Cross-Border E-Com…