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‘Singles Day’ Parcel Boom Creates Tax Loophole Headache for Customs Offices

(Chim Sau-wai – SCMP)

Unscrupulous players exploit a loophole to avoid duties through the use of online shopping amid a November parcel boom in China

The “Singles Day” promotions of Alibaba Group Holding’s Taobao and other e-commerce giants have boosted express parcel volumes this month, but also opened a loophole for tax avoidance that presents a challenge to customs authorities in the region.

Taipei Customs said it was concerned that there would be more duty avoidance through the use of e-commerce during the Singles Day promotion period, and as a result it had implemented more stringent inspection of express parcels in November, especially in response to Taobao’s promotion activities. Read more here.