海外周报：电商“投流税”重锤落地，海南将于年底全岛封关运作-20250728

Group 1 - The report highlights the introduction of the strictest tax regulations in history, specifically the "traffic tax" for e-commerce, which is set to significantly impact the industry's operational costs [1][11] - From October 1, 2025, companies will only be able to deduct traffic expenses up to 15% of their annual revenue, with any excess subject to corporate income tax, indicating a major restructuring of tax costs for e-commerce businesses reliant on large traffic investments [2][11] - The implementation of the "Internet platform enterprises tax information reporting regulations" requires e-commerce platforms to report operator identity and income data quarterly to tax authorities, enhancing regulatory oversight [2][11] Group 2 - The report discusses the upcoming full customs closure of Hainan Island, scheduled for December 18, 2025, as a significant milestone in the construction of the Hainan Free Trade Port, aimed at expanding openness [3][12] - The customs closure will feature a "zero tariff" policy for 74% of imported goods, an increase from 21%, allowing for tax-free circulation of goods within the island and facilitating exports to the mainland [4][15] - The report outlines four key measures of the customs closure: more favorable zero tariff policies, relaxed trade management measures, more convenient passage measures, and a more efficient regulatory model [4][15] Group 3 - The report notes a surge in the "indoor economy" driven by high temperatures, with activities such as indoor surfing and indoor fishing seeing a tenfold increase in search interest, reflecting changing consumer behavior [7][22] - The popularity of indoor skiing in southern cities has risen, with ticket orders for venues like Guangzhou's indoor ski park increasing fourfold compared to last year, indicating a shift in leisure preferences [23] - The report highlights the growth of nighttime tourism, with night tour ticket bookings increasing by 20% year-on-year, showcasing the expanding night economy [24]