China Tax-Rule Changes Seen Lifting Korea Cosmetics Sales Online

  • Government to adjust taxes for cross-border e-commerce: report
  • Cosmetics imports to benefit as changes lower price, PwC says

Imported beauty products such as eye creams and moisturizing gels from L’Oreal SA’s Lancome and Korea’s Amorepacific Corp. sold online could become cheaper for Chinese consumers as the government continues to tweak its e-commerce tax policy.

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