Amazon(US:AMZN) Zheng Quan Shi Bao·2025-10-30 22:15Core Insights - The recent initiative by Amazon and other e-commerce platforms to report tax information of Chinese sellers has sparked significant reactions in the cross-border e-commerce industry in China [1] - Starting from October 2025, Amazon will quarterly report seller information to Chinese tax authorities, including seller identity, transaction volume, income, and fees [1][3] - This move indicates a shift towards compliance and the closing of long-standing tax loopholes in the industry [1][3] Group 1: Regulatory Changes - The new tax reporting regulations were established following the State Council's issuance of the "Internet Platform Enterprises Tax Reporting Regulations" in June [3] - These regulations extend the obligation to report tax information to all foreign internet platforms providing services to Chinese operators, regardless of their registration location [3] - The tax authorities previously relied on self-reporting by sellers, leading to significant information asymmetry and many sellers maintaining a "zero declaration" status [3] Group 2: Industry Impact - The implementation of these regulations marks a new phase in tax information management for the cross-border e-commerce sector, with compliance becoming a priority [4] - The cross-border e-commerce sector saw approximately 2.06 trillion yuan in imports and exports in the first three quarters, reflecting a 6.4% growth [4] - Different tiers of sellers are responding differently, with top-tier companies already compliant, while mid-tier sellers are hesitant to invest in compliance due to concerns over costs [4][5] Group 3: Compliance Strategies - The new tax reporting requirements are expected to reshape the industry ecosystem, moving it towards a focus on quality rather than just scale [6] - Industry insiders suggest that regulatory measures may not be uniform, as the tax authorities are currently in a phase of research and consultation with businesses [6] - Many sellers are attempting to evade or reduce tax burdens through complex structures involving Hong Kong, but these strategies are deemed non-compliant and risky [7] Group 4: Future Directions - The transition for mid and lower-tier sellers will involve product refinement and compliance, focusing on high-value products and adapting to regulatory requirements [8] - Leading companies are encouraged to set examples by focusing on quality and compliance, thereby allowing lower-tier sellers to transition effectively [8]