Luxury Brands in China: Part V
The process of importing, distributing and selling luxury goods in China raises further challenges for companies, including a number of difficult questions regarding tax treatment, customs duty, logistics and the transfer of intellectual property.
Customs duty, import VAT and consumption tax can all be charged on luxury goods imported into China. The ability of brands to mark up their goods at dramatic premiums can also prove difficult to explain to tax authorities when the time comes to file income tax returns.
Read the rest of “Luxury Brands in China: Part V” or post a comment >>
To be notified of new entries by email, simply enter your email address on the top left of this page.
