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What is the tax rate for luxury goods?
The tax rate varies according to the specific commodity types and policies.

The tax rates of luxury goods are 5% to 10%, 10% to 20% and 40% to 45% respectively.

1, luxury goods such as high-end watches, precious jewelry, jewels and jade, cosmetics and skin care products need to pay consumption tax, and the tax rate is between 5%- 10%.

2. Luxury goods such as high-end suitcases, bags and high-end furniture also need to pay corresponding consumption tax, and the tax rate is between 10%-20%.

The tax rate of luxury cars is 40% to 45%.