Thursday, 12 Feb 2026
Recently, Amazon sellers in Xiamen were required to submit financial statements and sales data by December 19 for verification of declared income authenticity, causing anxiety within the cross-border e-commerce community. The main pain points include difficulties in deducting costs without invoices and discrepancies between platform net amounts and tax gross amounts, which could result in profit being wiped out due to back taxes and late fees. Industry insiders advise sellers to first reconcile three core sets of data, organize business documentation to substantiate costs, proactively communicate to seek assessed taxation or penalty-free tax补缴, and avoid giving up, deregistering, submitting incorrect data, or issuing fake invoices.
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