Preach two The department has secretly consulted to levy taxes on electricity dealers

Jindong by Suning chairman of the "Electric business tax" has been a stone stirred the waves, not only to Su Ning and Taobao interest contradictions openly intensified, and a traditional physical retail and e-commerce retail battle has begun.

According to the reporter from the wind circle to get the message: China's Ministry of Commerce and the Ministry of Finance have been secretly held in Beijing by the Electronic Business platform has invested VC and PE people of the meeting, which is a crucial meeting agenda, not to attend to the investment agencies should be levied levying, but the specific implementation of how to collect, how to operate.

Two camps

The same proposition in the Western Hemisphere is also coming to an climax when the old Eastern hemisphere vigorously levying the power of debate. The United States Senate will vote on the Fair of Markets act as early as March 22. The tax path is: The network electric Business enterprise collects the consumption tax to the consumer, then the electricity merchant's state state government collects the sales tax to the electricity merchant enterprise. It is noteworthy that this is also the first national Internet consumption tax proposal in the history of the United States, which will require many manufacturers, including ebay, to pay sales tax to the local government.

The party, represented by Wal-Mart, Amazon, and another on ebay, stood as two teams. Interestingly, internet companies such as Facebook, Yahoo, LivingSocial and AOL all stand with ebay. Ebay may be the biggest company to rebound from the Market Equity Act.

Like Taobao, ebay doesn't want this to happen because consumers are taxed on purchases and may reduce the likelihood of their online purchases, reducing the amount of trading on the platform and losing the competitive advantage of traditional retailers. And smaller businesses will be more thinly traded online.

However, the first line of firm support for the Fair Act was rapidly forming. They include Wal-Mart, Best Buy, Home Depot, Sears and other traditional American retailers. This line of companies thinks they've been wronged for years: Because over the years, ebay has a comparative advantage over them, which is unfair when it comes to trading without having to impose a consumer tax on consumers.

Chinese interests

What is really gripping, however, is that China will have a direct impact on the interests of small and medium enterprises, whether the Eastern hemisphere or the Western Hemisphere is required to levy electricity levying. Since 2007, China has a large number of small and medium-sized enterprises on the ebay global platform to sell their goods to American consumers. In other words, if the Fair Act is passed, China will have a certain number of small and medium enterprise interests to be hit.

According to reporters, since the end of 2006 with Tom set up a joint venture and hand over the Chinese consumer-to-consumer business, ebay is not really in the Chinese market disappeared, but instead low-key to engage in foreign trade business, the Chinese small and medium enterprises to the U.S. consumer, let us consumers through the ebay platform to buy their goods. In the first quarter of 2012, ebay China achieved a total revenue of 3.3 billion U.S. dollars, an increase of 29%, a net profit of 570 million dollars and an increase of 19.7% per cent year-on-year. Among them, cross-border trade rose to 18% of ebay's global business and Chinese sellers ' cross-border turnover rose by as much as 70% to 80%.

Jack Ma, the chairman of Alibaba Group, just a few days ago in Hong Kong, the Credit Suisse Asia Investment Conference predicted: "The next five years, China's electricity sales will account for the total amount of Chinese retail trade 30%,30% or conservative forecasts, the real situation may be higher." ”

At present, both sides of the matter are still in progress, the only certainty is: if China and the United States in their respective environment, the respective definition of the electricity levying are passed, involving Chinese SMEs do not need to repeat the payment. "If it is export trade, even if the new tax policy is introduced, China and most of the trade countries have the agreement to avoid double taxation, when the Chinese products are closed (for example, to the United States), the Chinese government will refund value-added tax, the United States will levy VAT when the U.S. entry." Said Huang Kaiping, a tax researcher at the Institute of Social and Economic research.