Germany Supports Closing Loopholes Favoring Chinese E-commerce Growth
Germany endorses a European Union proposal aimed at tightening the tax exemption rules that have aided the expansion of Chinese e-commerce platforms like Temu and Shein. Currently, packages valued under 150 euros entering the EU enjoy tax exemption, significantly benefiting these platforms by facilitating the sale of low-cost products. The German Finance Ministry supports abolishing this 150-euro tax-free threshold, which would aid customs authorities in managing the influx of low-value packages more effectively.
Chinese companies argue that their success is due to flexible supply chains and demand-driven business models, insisting they comply with all relevant regulations. However, Germany’s largest retail association, Handelsverband Deutschland (HDE), criticizes the current regulations for encouraging an overwhelming number of small package deliveries that customs cannot adequately inspect.
According to the European Commission, approximately two billion packages under 150 euros entered the EU last year, posing a significant challenge for customs authorities. The proposal to close this loophole has already received preliminary approval from the European Parliament and will be further addressed by future EU legislation.
Related news
The productivity of Hungarian companies is worse than anywhere else in the EU
According to a recent analysis by GKI Economic Research Ltd.,…
Read more >EU-US tariff war: tariffs are bad for companies, even worse for consumers
European Commission President Ursula von der Leyen has expressed regret…
Read more >Amazon introduces Easy Ship in Europe
Online marketplace Amazon is introducing a shipping solution called Easy…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >