SHEIN Imposes Tax Withholding for Sellers to Boost Compliance

SHEIN Imposes Tax Withholding for Sellers to Boost Compliance

SHEIN has officially launched income tax withholding services, simplifying tax filing for sellers in its fully managed model. Sellers can choose platform withholding or self-declaration; unregistered sellers will have their taxes reported by SHEIN. Amazon Mexico will also begin withholding taxes from 2026, signaling a growing trend towards tax compliance in cross-border e-commerce. Sellers need to pay close attention to policy updates and assess the impact on their operating costs. This shift highlights the increasing importance of adhering to tax regulations in the global e-commerce landscape.

WCO Unveils New Strategy for Sustainable Customs Development

WCO Unveils New Strategy for Sustainable Customs Development

The World Customs Organization (WCO)'s new capacity building paradigm aims for sustainable improvement and transformation through shared responsibility and results-orientation. It emphasizes precise needs identification, blended learning and support, and impact assessment. Addressing data challenges is crucial for building a sustainable capacity building ecosystem. This approach contributes to global trade facilitation and prosperity by ensuring that capacity building initiatives are effective, relevant, and lead to lasting positive change within customs administrations and the broader trade environment. The focus is on creating a self-sustaining system that supports continuous development.

WTO Explores Streamlining Trade Under GATT Rules

WTO Explores Streamlining Trade Under GATT Rules

This paper analyzes several measures proposed by the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu to improve the implementation of GATT Articles VIII and X, including advance clearance, risk management, express clearance, advance tariff classification rulings, and single window services. Combining international practices and expert opinions, it assesses the feasibility and potential impact of these measures. The study offers further recommendations aimed at promoting trade facilitation, enhancing customs efficiency, and reducing operational costs for businesses. The goal is to streamline processes and improve overall trade competitiveness.

Amazon Sellers Adapt Strategies Amid Account Suspension Challenges

Amazon Sellers Adapt Strategies Amid Account Suspension Challenges

The recent Amazon account suspension event has shaken the global e-commerce landscape, posing an existential threat to cross-border sellers. This article analyzes the impact of these suspensions, shares operational knowledge for mitigating risks, and proposes diversified strategies for response. It emphasizes compliant operations, improving product quality and service capabilities, and optimizing cross-border logistics. The aim is to help sellers turn crisis into opportunity and achieve sustainable development in the face of evolving challenges within the Amazon ecosystem and the broader cross-border e-commerce market.

Usindia Trade Deal Spurs Growth Raises Farm Sector Worries

Usindia Trade Deal Spurs Growth Raises Farm Sector Worries

The US-India trade deal has sparked concerns in India regarding agricultural concessions, despite government assurances. Farmers are planning protests. The agreement includes tariff adjustments, energy and defense cooperation, and India's commitment to purchasing US goods. Market reaction has been positive, with the Rupee and stock market rising, but analysts believe the long-term impact will be limited. India needs to balance various interests and maintain its independent development to truly benefit from the agreement. It must prioritize its own agricultural sector while navigating the complexities of international trade.

Vietnam Imposes Stricter Food Import Regulations

Vietnam Imposes Stricter Food Import Regulations

Vietnam has updated its food marketing regulations, requiring all food products sold in Vietnam to complete standard registration in advance. The previous practice of "sell first, register later" is no longer permitted. This new regulation has a broad impact, requiring companies to provide product standard declarations and qualified testing reports, and to be responsible for the authenticity of the materials. E-commerce platforms are also required to display registration information. The new regulation raises the market entry barrier, and companies need to prepare in advance to ensure compliance.

Barbara Melvin Tackles Shipping Industry Challenges

Barbara Melvin Tackles Shipping Industry Challenges

In an interview, Barbara Melvin, COO of the South Carolina Ports Authority, shares her insights on the maritime industry, including the reasons for the surge in import volumes, the importance of port infrastructure development, and the impact of the pandemic on container shipping. She emphasizes the crucial role of infrastructure and views the pandemic as both a challenge and an opportunity. This interview provides a valuable window into the current state and future trends of the maritime industry, offering perspectives on navigating the evolving landscape of global trade and logistics.