For all our products, after deducting production procurement costs and shipping logistics expenses, we maintain a net profit margin of only 5-10% at maximum.
SHOEACC / CEO FARR
TAX DECLARATION
Last Updated: May 15, 2025
Document No.: TAXPOL-2025-001
Document No.: TAXPOL-2025-001
ARTICLE 1: PREAMBLE
1.1 This Declaration constitutes a binding legal instrument between SHOEACC LTD (Registration No. [Company ID]) (“Operator”) and users (“Buyers”) of (“Platform”).
1.2 Governing Laws:
- Primary: United Nations Convention on Contracts for the International Sale of Goods (CISG)
- Subsidiary: Singapore International Commercial Court (SICC) procedural rules
ARTICLE 2: LEGAL DEFINITIONS
| Term | Definition |
|---|---|
| DDP | Delivery Duty Paid (Incoterms® 2020 Rule) |
| CIF Value | Cost + Insurance + Freight (ICC Interpretive Rule 600) |
| FTA Preference | Tariff concessions under ratified bilateral agreements (e.g., AUSFTA Art.3) |
ARTICLE 3: TAIWAN COMPLIANCE RULES
3.1 Tax Liability
“The Operator shall collect 5% Business Tax on all transactions destined for Taiwan pursuant to Value-Added and Non-Value-Added Business Tax Act Art. 36-1, irrespective of merchandise value.”
3.2 Exemption Threshold
“Customs duties are waived for shipments with CIF value ≤ NT$3,000 (reference: Customs Act of Taiwan Sec. 49(a)), excluding:
(i) Restricted goods under Control List No. CCC-2025
(ii) Consignments requiring sanitary certification”
3.3 Buyer Disclosure
“Unit prices displayed on the Platform shall be annotated with:
Inclusive of 5% Taiwan Business Tax | 含台湾营业税”
ARTICLE 4: AUSTRALIAN COMPLIANCE RULES
4.1 GST Obligation
“Pursuant to A New Tax System (Goods and Services Tax) Act 1999 Div. 84:
(a) Operator shall charge 10% GST when annual turnover exceeds AUD75,000; (b) For transactions ≤ AUD1,000, the Operator acts as non-resident importer under TGR Item 22.”
4.2 Duty Concession
“Qualifying footwear may claim zero-tariff treatment under China-Australia Free Trade Agreement Chapter 2 Annex II, provided:
(i) Certificate of Origin Form DB-2048 accompanies shipment;
(ii) HS Code falls within 6401-6405 range”
ARTICLE 5: SINGAPORE COMPLIANCE RULES
5.1 2025 Rate Adjustment
“In accordance with Goods and Services Tax (Amendment) Act 2024 (Act 24 of 2024):
GST rate shall be 9% effective 1 January 2025, applied to all B2C transactions as defined under Singapore Customs Act Sec. 3(ba).”
5.2 De Minimis Provision
“Tariff exemptions under Customs (Duties Relief) Order Art. 13:
Threshold Relief Granted CIF ≤ SGD$400 Full duty relief GST ≤ SGD$15 Administrative waiver
ARTICLE 6: GENERAL PROVISIONS
6.1 Duty Dispute Resolution
“Claims arising from tariff reclassification shall be settled through:
(i) Priority: Mutual consultation via customs broker (Art. 8.2);
(ii) Escalation: Binding arbitration at SIAC (Case Admin. Rules 2021)”
6.2 Force Majeure
“Operator shall not be liable for customs delays attributable to:
(i) Changes to HS Nomenclature (WCO Council Decision 2024)
(ii) Suspension of trade privileges (e.g., MFN revocation)”
6.3 Amendment Protocol
“This Declaration may be revised with 30-day prior notice via:
(i) Registered user email notification;
(ii) Banner announcement on Platform checkout page”
SCHEDULE A: TAX REPRESENTATIVE REGISTRIES
| Jurisdiction | Registration ID | Validity |
|---|---|---|
| Taiwan | N/A (代扣制) | – |
| Australia | ABN [Insert Number] | 2025-2027 |
| Singapore | GST No. TXXXXXX | 2025-2026 |
SCHEDULE B: PENALTY STRUCTURE
| Violation Type | Penalty Amount |
|---|---|
| Incorrect GST collection | 200% of tax shortfall (SG Tax Act Art. 61) |
| Undisclosed cross-border data transfers | EUR 20M or 4% global turnover (GDPR Art.83) |
CERTIFICATION
This document has been reviewed by [Law Firm Name] under engagement ref. LEGAL-2025-CROSSBORDER and is compliant with:
- OECD International VAT/GST Guidelines
- ICC Incoterms® 2020
- UNCTAD B2C E-commerce Principles
Address
2706D,6f, Times Building A, No. 89 LongCheng Aenue, Shangjing Community, Longgang District Shenzhen City, China.
Phone
Phone: (+86)-17-6886-55122
Support@shoeacc.com
SHOEACC
Effective Date: May 15, 20