Italy exempts masks and other epidemic prevention supplies from VAT in 2020 In Italy, the sale of epidemic prevention products such as lotions, surgical masks, Ffp2 and Ffp3 masks, disposable gloves, face masks and goggles are exempt from VAT until December 31, 2020 . Italian Decree No. 19 of 2020: VAT reduction for goods needed to control and manage the pandemic: Reduce the VAT rate on medical and personal protective equipment and devices (e.g., lung ventilators, masks, and other devices to keep workers safe) from 22% to 5 %. Sales of the same goods are completely exempt from VAT until December 31 , 2020 . From 26 April 2020, the resolution of the Special Commissioner for the COVID-19 emergency (ordinanza n.11/2020) remains applicable. This sets a price ceiling of € 0.50 per piece for the sale of surgical masks ( standard UNI EN 14683) ( now exempt from VAT ) . AliExpress's overseas warehouse "Chengnuoda" will be officially launched It is reported that AliExpress's overseas warehouse "Chengnuoda" will be officially launched on May 28, 2020 , and the project launch conference will be fully broadcast live at 2 pm today. According to reports, the overseas warehouse "promised delivery" is a benefit upgrade service provided by AliExpress for merchants using third-party merchant warehouses ( non-Cainiao certified / official warehouses ) within X days. This service is aimed at third-party merchant warehouse merchants who meet the requirements of fast delivery time, and provides a transparent benefit commitment ordering service for X- day delivery products, helping merchants to increase store sales. Merchants who join "Chengnuoda" can also enjoy four major benefits, namely, search inclination and screening exposure improvement; full-link identification to improve shopping conversion; exclusive rights to X -day delivery marketing activities; special subsidies for transactions completed on X day. Shopify announces new services Shopify announced that it will launch products and services such as ShopifyBalance and Shop Pay Installments. Among them, Shopify Balance includes merchant accounts and cards and will be launched in the United States at the end of this year. Through the Shopify Balance account, merchants can make payments, track payments and view cash flow. The buy now, pay later option "Shop Pay Installments" will provide consumers with more flexible payment options. Consumers can choose to pay in installments when buying now and paying later. Shopify also announced that it will optimize online store functions and launch Local Delivery freight service. The logistics service Shopify Fulfillment Network is also accepting applications from more merchants. Amazon plans to increase its cargo fleet to around 200 by 2028 A study on Amazon's website shows that the company's main cargo aircraft will increase from the current 42 to about 200 in the next seven or eight years to create an air cargo service that can compete with established logistics companies such as UPS. It is understood that Amazon entered the air cargo field and launched the Prime Air service in 2016. Earlier last year, Amazon also announced that it would lease 15 more aircraft from GE Capital Aviation Services to expand its fleet size and increase the speed of cargo delivery. At the end of last year, Amazon announced a partnership with Sun City Airlines to expand its air cargo business. The two companies signed a six-year agreement, which will allow Amazon to add 10 large cargo aircraft and Sun City to achieve large-scale expansion. Amazon Air Cargo Network is expected to have 70 aircraft by 2021. (Source: Cross-border Live ) |
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