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The Impact of Import Tax on Leased Goods

The leasing business model has long been a hot topic among academics, industry, and relevant government agencies. Moreover, specific seminars and lobby work have undertaken to push the development of leasing in China. As a rule, the business of leasing involves both operating leases and financial leases. This article focuses on cross-border leasing activities, which are becoming increasingly popular in international trade. The writer will share her understanding of the relevant regulations and summarise her observations and experiences in this area from the perspective of Customs, including customs liability, tax impact, customs, valuation, as well as rental remittance and foreign exchange requirements.