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New Tax Cut to Some Wine/Liquor

November 30, 2017

Effective December 1, 2017, the Chinese Customs will reduce the custom duty of several alcoholic drinks (see table below):

 

 

 

The new import duty will affect not much to the ecology of the Chinese wine market except to whisky, which is a hot item these yeas in Chinese alcoholic drink consumption, while this tax saving may not reflect and benefit to the consumers.

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