What's in This Issue

Tax Authority Exposes 8 Cases of Tax Evasion Involving Payments to Personal Accounts

TikTok Shop Is Now Fully Open for Registration in Ireland

eBay requires that clothing items be labeled with standard sizes

Finance and Tax News: Tax Authority Exposes 8 Cases of Tax Evasion Involving Payments to Private Accounts

Tax authorities continue to strengthen tax supervision and crack down on tax evasion and tax avoidance. On May 22, tax authorities in multiple regions jointly publicized eight cases involving tax evasion through private accounts and false tax returns, spanning industries such as coal, retail, and building materials. All entities involved have been required by law to pay back taxes, late payment penalties, and fines; in most cases, the full amount has already been recovered. Concealing income by using private bank accounts for tax reporting is illegal. Market entities must pay taxes in good faith and in accordance with regulations. The public is encouraged to report tax-related leads. Tax authorities will continue to enforce strict oversight to maintain a fair tax environment.

Cross-border dynamics::TikTok Shop Is Now Fully Open for Registration in Ireland

TikTok Shop has officially opened registration to all businesses in Ireland, shifting from an invitation-only system to a fully open platform. Since its launch in Ireland, the number of active creators in the platform’s partner program has surged by 600%, and the platform has paid out over 2 million euros in commissions to creators, with sales continuing to grow at a double-digit rate.

Cross-border dynamics::eBay requires that clothing items be labeled with standard sizes

According to reports, starting in June, eBay will automatically standardize and organize size information for clothing and footwear items. Beginning in July, all listings—whether newly listed or existing—that lack size information, have improperly formatted size information, or have actual sizes that do not match the listed sizes will be hidden or removed from the platform. This change applies to all listing methods across the site, including API, bulk uploads, third-party tools, and manual listings. The goal is to provide buyers with a clearer understanding of product sizes, thereby enhancing the shopping experience and building trust.

Cross-border dynamics::Starting in June, Germany's OTTO Will Launch a Pilot Program for Polish Sellers to Join the Platform

It is reported that the German e-commerce platform OTTO will launch a pilot program for Polish sellers starting in June. This marks OTTO’s second round of localized merchant recruitment in Europe, following its initiative in the Netherlands. Polish companies can register directly using their domestic company information and a valid Polish VAT number, without the need to establish a separate company in Germany. They can file tax returns through the EU’s unified OSS system. Additionally, they are required to provide German-language customer service support and may locate their return warehouses in Germany, Poland, or other designated EU countries. Upon successful onboarding, a monthly base service fee of 99.90 euros is required.

Cross-border dynamics::Shopee Vietnam Updates Rules for Shared Promo Codes

Effective May 23, 2026, Shopee Vietnam has officially updated its co-financing policy for seller promo codes, specifying that the value of a seller’s co-financing voucher is 40% of the joint financing policy value, with a maximum of 50,000 Vietnamese dong per product. The remaining value of the co-financed promotional codes will be covered by the Shopee platform. This adjustment will further clarify the cost-sharing ratio between the platform and sellers in promotional activities, providing sellers with clearer guidelines for participating in the platform’s marketing campaigns.

Overseas Watch::Hungarian E-commerce Emerges as a New Growth Driver in Europe

According to the latest data, Hungary’s e-commerce market is emerging as a new growth driver in Europe, with the market size projected to reach 4.2 to 4.6 billion euros by 2025, growing at an annual rate of approximately 8%–10%. Online retail sales denominated in local currency are expected to grow by about 15% year-over-year, outpacing most Western European countries, and are projected to approach 7 billion euros by 2030.

Overseas Watch::High-End Spending on Mother's Day in Brazil Shows Strong Recovery

According to the latest data, Mother’s Day 2026 in Brazil spurred a recovery in the domestic retail sector, with high-end luxury categories performing exceptionally well. The data shows that sales for related brands rose by 15% year-over-year, order volume increased by 48%, and unit sales grew by 34%. Revenue from top-tier luxury goods rose from 3.39 million reais to 4.53 million reais, with an average transaction value of 9,670 reais; the average transaction value for the premium luxury segment rose to 1,100 reais. Transaction volume in the high-end beauty category also rose from 4.7 million to 5.4 million reais, with jewelry and affordable luxury accessories driving consumption.

International News in Brief::Serbian President Pays a State Visit to China

Serbian President Vučić paid a state visit to China from May 24 to 28. At noon on the 24th, President Vučić arrived by plane at Beijing Capital International Airport. This was President Vučić’s first state visit to China.