Many cross-border sellers register U.S. companies, collect money, and then-

Forget about filing taxes.

Or think: I don't have employees or a physical office in the U.S., so I shouldn't have to file a tax return, right?

Or: I lost money this year, just file zero return, no need to find a tax consultant, right?

If you think any of the above, this article deserves a serious read.

因为IRS（美国国税局）不管你有没有收入、有没有实体——只要你有美国公司，就有申报义务。

U.S. Treasury Secretary Besant just made an announcement:

Import duties previously found to be illegally levied are now allowing importers to claim refunds. There are already about

Refund claims of $127 million are in the processing stage and funds are being disbursed.

In 2026, the wind direction of the cross-border circle has changed: the former “Hong Kong card fever” is cooling down rapidly, and more and more cross-border practitioners, Hong Kong and U.S. stock players, and foreign traders are quietly shifting their focus to the U.S. East West Bank. It's not that Hong Kong cards are no longer good, but the tightening of regulation and the explosion of pain points; and the East West Card has precisely stepped on all the core pain points of the current cross-border demand.

The reason behind this is not to follow the trend, but based on the deep consideration of compliance, efficiency and cost. Today, we're going to take a look at why, in the year 2026, a USCBC card is becoming a much more desirable option than a Hong Kong card.

In February 2026, the U.S. Supreme Court ruled 6-3 that the tariffs imposed by the Trump administration under IEEPA exceeded presidential authority and were unlawfully imposed.

What kind of concept is that?

53 million customs declarations involved

Covering 330,000 importing companies

Total refunds of $166 billion (about Rs. 1.13 trillion)

This is the largest tariff refund operation in the history of the U.S. On April 20, CBP officially began refunds.

But here's the question - as a Chinese cross-border seller, will you get this money?

The answer depends on your trade model. Some sellers get the full amount back, others don't get a dime.

Today's article helps you figure out three things: why are you getting a tax refund? To whom is it refunded? How do you get it?

Boss must see! U.S. company + Hong Kong identity, tax savings + compliance with the double breakthrough in foreign exchange collection, the overseas structure so that more worrying

Doing cross-border business, in the United States has a layout of the boss, almost all are plagued by two problems: First, the tax burden is too high, most of the money earned to pay the tax; Second, the collection of foreign exchange trouble, personal card quota is not enough, the domestic company to collect foreign exchange and have to pay an additional layer of tax.

In fact, the answer is very simple: using "Hong Kong identity + Hong Kong / U.S. company" to build an overseas structure, not only can legally reduce the burden, but also easily solve the problem of foreign exchange collection, but also enhance the international competitiveness of enterprises.