General consumption or will reform cosmetics will no longer receive 30% tax

Recently, with reliable sources, the Treasury is considering defines items reclassified into high-end cosmetics and cosmetics. For general cosmetics, department of finance said could no longer charge consumption tax, adjustment measures, is expected to be released in the second half of year. Recently, the central financial department of the latest do shown on the final report, may adjust cosmetics consumption in the short term. The Treasury secretary, Mr Lou in the report to the standing committee of the National People's Congress for years the central final accounts and central, said the draft final accounts of the focus and direction to implement fiscal and taxation reform at present, we will continue to improve the consumption tax reform as the important content. Treasury says Sun Gang, director of the institute for fiscal science tax policy research on the consumption tax adjustment plan, is the main part of his daily consumer goods out of the scope of consumption tax, will no longer impose taxes and fees. For some highly polluting, energy intensive and luxury goods will move into the scope of consumption tax. Its principle is to expand the consumption tax levying scope, into the high pollution, high pollution, energy intensive and luxury goods, so, or will have certain protective effect on the environment. For ordinary people, but also to alleviate some of the economic pressure of daily consumer goods. Cosmetics generally high prices in the market, at present in China for women wanting, cosmetics is a big burden. But if the news come true, so, for the majority of cosmetics lovers, do a lot of the Gospel. And if the policy under, for domestic national cosmetics enterprises, also created a very favourable situation. Because for today's Chinese cosmetics market, foreign brand enterprise product price is generally higher than national enterprise products, reclassified boundary on cosmetics, foreign brand products are likely to return for high-end cosmetics, and the national enterprise of cosmetic products will be classified as general cosmetics. So, for national cosmetics enterprises, this is definitely a 'big surprise'. Editor: huang rui