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Province Denies Collecting First Ever Tax On E-retail

The National Tax Bureau of Wuhan province has just issued what has been called “the first tax bill for an individual online shop” totalling 4,307,900 yuan.

Should an online Shop pay taxes? Will the online tax discourage the development of e-commerce? The tax bureau said on June 29 that the online clothes shop, called “My One Percent,” belongs to Zhuana Wear Co., Ltd, which is registered in the tax bureau of Qiaokou district, Wuhan and that the tax bill is not for a single online shop but for the company of Zhuana Wear Co., Ltd.

 

 Source

 People\'s Daily

Google translation

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