Core Viewpoint - The article discusses the implications of the Hainan Free Trade Port's full closure operation, emphasizing the opportunities and changes it brings to businesses and residents in Hainan, particularly through tax incentives and simplified regulations [5][6]. Group 1: Concept of "Border Control" - The term "Hainan closure" does not imply isolation but rather a new concept of "domestic border control," allowing free movement of people while regulating goods [8][10]. - Visitors to Hainan will no longer need special permits, as they can enter with just an ID card, while enjoying duty-free shopping similar to airport duty-free stores [10][11]. Group 2: Taxation Changes - The shift from a "positive list" to a "negative list" for tax exemptions means that only specified goods will incur tariffs, increasing the proportion of duty-free items from 21% to 74% [18]. - The introduction of a new sales tax system simplifies the tax process for businesses, reducing costs and potentially lowering retail prices [25][28]. Group 3: Business Opportunities - Hainan's manufacturing sector can benefit from lower costs due to the elimination of tariffs on imported materials, provided that the value-added processing exceeds 30% [21][23]. - The two 15% tax rates for corporate and personal income taxes are designed to attract high-end talent and businesses to Hainan, making it an appealing destination for investment [39][41]. Group 4: Consumer Impact - Residents and tourists in Hainan will experience an increase in available duty-free products, enhancing their shopping experience without the need to travel abroad [32][34]. - The new EF account system will facilitate faster cross-border transactions, benefiting businesses engaged in international trade [36].

而根据财政部等发布的《关于海南自由贸易港货物进出"一线" 、 "二线"及在岛内流通税收政策的通 知》（下称《通知》），海南自贸港封关运作后，在进口征税商品目录之外的所有商品，都享受"零 关税"。 2025.12. 18 本文字数：2370，阅读时长大约4分钟 作者 | 第一财经 陈益刊 随着12月18日海南自由贸易港正式启动全岛封关，当地相关税收优惠政策也有了新变化，总体而言 政策力度更大，以促进海南高质量发展，助力全国构建新发展格局。而随着海南自贸港构建更具有竞 争力的税收制度，相关税收优惠政策会进一步完善，简化税制的"销售税"会稳妥推进。 "零关税"扩围 随着海南自贸港全岛封关，"零关税"政策有大变化。在封关之前，从中国境外进入海南自贸港的货物 中，大概1900个税目列入了"零关税"商品清单，符合条件企事业单位等进口这些商品，可以免征进 口关税、进口环节增值税和消费税。 根据财政部数据，海南自贸港封关运作后，"零关税"商品范围扩大至约6600个税目，占全部商品税 目的比例达到74%，比封关前提高了近53个百分点，显著提高了开放水平。 中国财政科学研究院院长杨志勇认为，海南自贸港封关后，"零关税"商品范围扩 ...

Group 1 - The core viewpoint of the news is the expansion of the "zero tariff" policy and the continuation of the "15%" income tax incentive in Hainan Free Trade Port, aimed at promoting high-quality development and enhancing competitiveness [1][5][6] Group 2 - The "zero tariff" policy has been significantly expanded, with the number of tariff-free items increasing from approximately 1,900 to about 6,600, representing 74% of all product categories, a rise of nearly 53 percentage points [2][3] - The beneficiaries of the "zero tariff" policy have been broadened to include various enterprises and non-enterprise units, allowing for free circulation of imported tariff-free goods among eligible entities [3][4] Group 3 - The processing and value-added tax exemption policy has been relaxed, allowing goods with over 30% value-added from imported materials to enter the mainland without import duties, although VAT and consumption tax still apply [4] - The conditions for enterprises to benefit from the processing and value-added exemption have been eased, including the removal of the requirement that 60% of the main business income must come from encouraged industries [4] Group 4 - The 15% corporate income tax and personal income tax incentives will continue, with plans to expand the scope of eligible encouraged industries and implement a progressive tax rate system for personal income tax [5][7] Group 5 - The tax incentive policies are expected to be continuously improved, with efforts to simplify the tax system and enhance the "zero tariff" level, promoting trade freedom and convenience [6][7] Group 6 - The simplification of the tax system is underway, with plans to consolidate various taxes into a sales tax at the retail level, although specific reform proposals have not yet been released [8][9] - The sales tax is designed to be simple and low-cost, suitable for Hainan's future economic structure, and its implementation must ensure coordination with the mainland's VAT system [9]

Core Viewpoint - The "Simplified Tax System" will enhance the unique competitive advantage of Hainan Free Trade Port after its closure operation, aiming to attract capital and improve tax revenue competitiveness [1][2]. Tax System Reform - The "Simplified Tax System" merges multiple taxes into a sales tax, significantly reducing the complexity of the current tax system, which has 18 types of taxes in China [2][4]. - This reform aims to eliminate double taxation issues, particularly benefiting manufacturing enterprises reliant on imported materials by lowering costs [2][3]. Tax Structure Design - The reform's core goal is to establish a simple and scientifically structured tax system with lower tax burdens [4][5]. - There are two design approaches for the sales tax: "broad tax base with low rates" or "narrow tax base with high rates," with experts suggesting that the former may better suit Hainan's goals [4][6]. Implementation Challenges - The "Simplified Tax System" reform faces significant challenges, including the complexity of tax collection and the need for coordination with other regions' tax systems to avoid double taxation [7][8]. - Experts indicate that the reform is still in the research phase and may not be fully implemented during the current planning period due to its complexity [7][8].

Core Viewpoint - The Japanese Finance Minister, Kato Katsunobu, emphasized the critical importance of sales tax for the social security system [1] Group 1 - Sales tax is deemed essential for maintaining and funding Japan's social security framework [1] - The government is likely to continue relying on sales tax as a primary revenue source to support social welfare programs [1]

Core Viewpoint - Japanese Prime Minister Shigeru Ishiba emphasizes that sales tax is a revenue source for social welfare programs such as pensions [1] Group 1 - There is a need to establish a framework for publicly discussing tax issues [1] - The pros and cons of tax reduction were not discussed during the election period [1]

Group 1 - The Pakistani Finance Minister announced a plan to impose an 18% sales tax on the import of solar panels [1]

Core Viewpoint - Japan's Finance Minister, Kato Katsunobu, stated that the government is not considering new economic measures as it has just begun implementing the supplementary budget for the last fiscal year and this year's budget [1] Group 1 - The government will continue to implement emergency measures in response to U.S. tariff actions [1] - Due to the need to fund social security costs, it is not appropriate to lower the sales tax [1] - The government aims to maintain fiscal availability to prepare for potential crises [1]