Do imported and exported goods through an agent require tax payment? How to pay?
I'd like to understand the tax payment situation for imported/exported goods handled by agents. Our company plans to use an agent for import/export business and wants to know whether taxes are required for goods handled this way. If so, which taxes are involved, and should they be paid by the agent or us (the client)? A detailed explanation would be appreciated. Thank you.
Professional consultant answers
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Taxes are required for imported/exported goods handled by agents. Generally, this involves customs duties and VAT, with consumption tax applicable to some goods. Customs duty is levied on goods crossing borders, with rates determined by HS codes and regulations. VAT is a turnover tax based on value-added during circulation, calculated as composite taxable value multiplied by applicable rates for imports. Consumption tax applies to specific consumer goods and behaviors at certain stages.
Regarding payment responsibility, import-related customs duties, VAT, and consumption tax are typically paid by the goods' consignee or their agent. In agency arrangements, the client usually bears the tax obligation, though the agent may handle payment on their behalf. The client ultimately covers these costs, as specified in the agency agreement.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Taxes are definitely required for agent-handled imports/exports. Customs duties are mandatory as they're the government's regulatory tool. Amounts vary significantly by product category. Typically, the client provides funds while the agent handles payment procedures.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Taxes apply. Beyond standard customs duties and VAT, luxury goods incur consumption tax. Payment responsibility depends on contract terms - absent special provisions, clients conventionally bear taxes while agents assist with formalities.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Taxes apply to agent-handled import/export goods, primarily customs duties, VAT, and consumption tax. Clients typically bear payment responsibility, though agents should inform clients about relevant taxes and assist with procedures.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Taxes are certainly required. Customs duties are calculated based on goods' value and applicable rates, while VAT applies at import. The client is theoretically responsible as goods owner, though agents often participate in payment processes.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Agent-handled import/export goods require tax payment. Customs duties and VAT are major components. Clients typically bear responsibility while agents facilitate procedures, following terms in the agency contract.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Taxes apply to agent-handled imports/exports. Customs duties depend on goods' nature and value, while VAT applies during circulation. Clients generally pay, subject to mutual agreement.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Taxes definitely apply, including customs duties and VAT (consumption tax depends on goods type). Clients typically pay while agents handle procedures, with details specified in agreements.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Taxes apply to agent-handled import/export goods, mainly customs duties and VAT (consumption tax situationally). Clients bear responsibility while agents assist with payment procedures.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Taxes are required. Customs duties vary by goods type while VAT is universally applicable. Clients usually pay, with agents processing payments as instructed.