Research On The Adjustment Of Luxury Goods' Import Tariff Policy In China

Because of the reform and opening,China's economy has developed rapidly and residents' purchasing power has been increased.China has become the fastest growing country of its luxury consumption rate.According to the statistics,in 2016,China's global consumption of luxury goods has reached 116.8 billion dollars,rising 9 percent compared to last year.In this year,more than 46% of the world's luxury consumption occurs in China.However,a large number of luxury goods was purchased in the outside,the purchasing methods include exit purchasing,agent purchasing and so on.The phenomenon of consumption spillover is still serious.Thus,if we only rely on the single market regulation and continue to maintain the existing tax system of luxury goods,the consumption spillover may worsen.On one hand,it will have a negative impact on convenience consumption;on the other hand,it will also endanger the domestic luxury goods market.Therefore,the government needs to play its leading role,using administrative,legal,economic and other means to guide the development of luxury consumption.Taxation is critical device for the government to implement macroeconomic adjustment,which should give full play to regulate consumer behavior and promote social stability and development.How to give full play to the role of tax regulation? What is the role of tariffs? How to maximize the effectiveness of tariffs for luxury import? These important issues are in urgent need of further research and mining.At present,most of the research on luxury tax in China is concentrated in the field of consumption tax.The main problems of China's luxury goods' import tariff policy are: luxury tariff rates not distinguished from ordinary goods,different import channels leading to unfair tax burden,difficult price reviewing and serious defects in the tax collection and management activities.The main purpose of this study is to make the import tariff policy better serve for the luxury goods,promote the consumption of luxury goods and guide the healthy development of China's luxury industry.This paper is composed of five parts.The first part is the introduction,mainly introducing the researching background,the researching value,the literature review and the research method.The second part is the analysis of the luxury profile,including luxury goods' definition,characteristics,consumption status and trade status.This part summarizes the feature of luxury consumption in China.The third portionanalyzes the function of tariff and the optimal tariff argument,clarifies the necessity of levying tariffs on luxury goods,and provides theoretical support for the classification of luxury goods and consumer goods.The fourth part discusses the present circumstances and problems of the luxury goods' import tariffs in China,dividing the way of luxury goods into three ways: cargo channel,goods channel and cross-border electric business channel.This part analyzes their tariff policy,tax burden and problems separately.The fifth part is the policy suggestion based on two aspects of tax system design and collection management.The luxury import tariff policy can be improved from the following aspects:1.Determine the tax scope reasonably;2.Manage respectively;3.Coordinate the tax burden;4.Improve the price appraisal;5.Strengthen the supervision and management.