China Tightens Ecommerce Tax Reporting for 7000 Platforms

China Tightens Ecommerce Tax Reporting for 7000 Platforms

China is strengthening tax regulation on cross-border e-commerce, requiring platforms to report merchant data. In Q3, over 7,000 platforms completed data submissions, resulting in a 12.7% year-on-year increase in e-commerce tax revenue. The new regulations aim to level the playing field between online and offline businesses in terms of taxation. However, compliance costs and data security have emerged as new challenges for sellers. This increased scrutiny necessitates careful attention to data handling and tax obligations for businesses operating in the Chinese cross-border e-commerce market.

02/03/2026 Customs Knowledge
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WCO Aids Bosnias Tax Authority in Risk Management Boost

WCO Aids Bosnias Tax Authority in Risk Management Boost

Funded by the WCO's Eurocustoms Fund, a risk management workshop was held for the Indirect Taxation Authority of Bosnia and Herzegovina (ITA BiH) to enhance its risk management capabilities. The workshop covered risk assessment, analysis, and response strategies, sharing international best practices. This initiative aims to lay the foundation for a robust risk management system within ITA BiH, ultimately improving tax collection efficiency and combating illicit activities. The training will help the ITA BiH better identify and mitigate potential threats, leading to more effective and secure customs operations.

02/03/2026 Customs Knowledge
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Guide to SWIFT Transfers for Stopanska Banka AD Bitola

Guide to SWIFT Transfers for Stopanska Banka AD Bitola

The SWIFT code for Stopanska Banka AD Bitola, North Macedonia is STBBMK22XXX. Always verify the branch code and pay close attention to details such as recipient information and currency to ensure a successful cross-border money transfer. Double-checking these details can prevent delays or complications in your international transaction.

09/03/2025 International Settlement
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China Southern Launches Dualpreinspection Crossborder Cargo Station

China Southern Launches Dualpreinspection Crossborder Cargo Station

China Southern Airlines Logistics has launched the first 'Double Pre-Clearance' cargo station in the Guangzhou Baiyun Airport Free Trade Zone. This facility integrates civil aviation security and customs inspection, significantly improving cargo clearance efficiency and promoting the development of cross-border logistics in the Guangdong-Hong Kong-Macau Greater Bay Area.

08/04/2025 Logistics
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SWIFTBIC Codes Essential for Transfers to Banco De Sabadell

SWIFTBIC Codes Essential for Transfers to Banco De Sabadell

This article introduces the SWIFT/BIC code BSABESBB BME for BANCO DE SABADELL, S.A., emphasizing the importance of using accurate codes for secure and timely international remittances. It provides detailed information about the bank's name, address, and the necessity of verifying this information, reminding senders to double-check the details before making transactions.

08/13/2025 International Settlement
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