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Whether you've been reading since our first newsletter in 2023 or this is your first edition, we hope this has been beneficial. Share it with a friend or reply with any feedback.
If you need help with your ecommerce accounting, sales tax, inventory management, CFO, or other accounting related issues, let us know. |
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This was a quick-hit podcast episode on wholesaling covering:
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[READ] Ecommerce after De Minimis Tariff Exemption |
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U.S. ended $800 duty-free import threshold Aug 29; hit China/Hong Kong shipments in May.
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Losers: Cross-border dropshippers now face duties/taxes on <$800 parcels, squeezing already thin margins.
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Winners: U.S. ecommerce brands gain pricing power as cheap duty-free imports disappear.
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[READ] VATs Versus Tariffs |
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VATs are consumption taxes; tariffs are import taxes that raise domestic prices.
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VATs are border-adjustable (exports exempt, imports taxed); tariffs target only imports, often distorting trade flows.
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175+ countries use VAT, with rates ranging from 17% (Luxembourg) to 27% (Hungary) in the EU for example.
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You Don't Want to Do Your Accounting... But We Do! |
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Here's how we can help: |
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