Hot Spots: Cross Border Tax Reform, New Deal Landing, What Should All Trades And Professions Pay Attention To?

Events: market rumors

Administrative dust has been settled. The Ministry of finance of the Ministry of Finance issued a document in March 24th, which will be referred to as the new policy in April 8th.

We believe that the reasons for the official introduction of the policy include: 1

The import policy is not unified, the attitude is not clear, the supervision is difficult, the implementation of the policy "edge ball" implementation of the port volume is larger, on the contrary, it is smaller, some people make great efforts to accumulate wealth by regulatory loopholes, the industry chaos has not subsided; 2, the current postal tax 50 yuan exemption amount, the tax rate standard has led to a large number of national taxes and fees losses, and impact on the general trade and domestic similar products; therefore, the regulation of the new deal is more stringent, but the details have not been conclusive, it is expected that the short-term impact on the cross-border electricity supplier industry chain will be as follows:

1, consumers: the overall price of the domestic B2C cross-border e-commerce platform will go up in the future. Some categories of prices will even disappear for offline channels, and some buyers may rush to buy goods before April 8th.

2.

The unit price is floating and the category of operation is limited. After the implementation of the new deal, the volume will be subject to certain impact. The Matthew effect of the industry will be aggravated. The small business will be accelerated and eliminated. Some of the platforms that will be invested in advance will be greatly affected. It is suggested that the long-term layout of the electricity supplier reserve the general trade B2B and B2C import dual channels.

3, logistics: bonded and post shipping modes are executed at a uniform tax rate. However, due to possible loss of platform SKU, logistics providers who are full-time importing B2C will receive impact.

4, investment: two tier market B2C import cross-border electricity supplier industry chain related subject short term impact, part of the market platform investors will face greater risks.

5, the grey sea Tao industrial chain: it is expected that the follow up will introduce synchronous supervision and strike policy, but if the policy result is not as good as expected, the grey industry chain such as purchasing and forwarding will usher in a new round of "spring".

6, there are intentions to intervene in the industry and investors: the positive list is not published, the fuzzy boundaries are still not defined. It is expected that the various "patch" policies and regulations will be promulgated in the future, and the uncertainty will increase further.

7, pilot ports and test areas: positive, accelerate the electricity supplier to the pilot area of sunlight docking.

Investment suggestion: after the administration, the cross-border electricity supplier retained the two advantages of "clearing the cost of the channel under the general trade line" and "the import mode outside the general trade". The introduction of the policy does not affect the demand and the increasing trend of turnover volume caused by the consumption upgrading of the Chinese people, but taking into account the short-term policy risks, it is suggested that investors avoid the related targets for the time being.

Risk warning: the positive list is too harsh and the grey sea is not well supervised.