cross-border trade

German Tax Authority Takes Strong Action: Cross-Border Sellers Audited Due to DAC7 Data and VAT Declaration Discrepancies

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German Tax Authority Takes Strong Action: Cross-Border Sellers Audited Due to DAC7 Data and VAT Declaration Discrepancies

In recent weeks, an increasing number of Chinese sellers have received audit notifications from the German tax authority, requiring them to pay back Value Added Tax (VAT) on historical transactions. Other compliance violations: The tax authority has obtained information from one or more electronic interface operators indicating that you have sold goods through their electronic … Read more

The Suitcases of Foreign Travelers Filled with ‘Made in China’ Products: Massage Guns, Smartwatches, Magnetic Charging Power Banks…

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The Suitcases of Foreign Travelers Filled with 'Made in China' Products: Massage Guns, Smartwatches, Magnetic Charging Power Banks...

On May 17, within the Hongqiao Market in Dongcheng District, Beijing, the sound of suitcase wheels intermingled with the “ding-dong” of QR code payments, while the various languages emerging from translation devices seemed like the background music of countless transactions… International travelers’ suitcases are becoming witnesses to more “micro cross-border trade.” Reporters noted that with … Read more