China slaps 13% tax on birth control—What’s behind Beijing’s new tax on condoms, contraceptives? , explained
China has ended a tax exemption on contraceptive medicines and devices that had been in place for more than 30 years, effective January 1, as part of efforts to address its slowing birth rate, according to a report by Reuters. As a result, condoms and birth control pills are now subject to a 13% value-added…