|
|
ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
17 February 2010, 06:05 AM
|
#1 |
|
"TRF" Member
Join Date: Aug 2009
Real Name: Ousmane Ouedra
Location: Lafayette, LA
Watch: Rolex; Auricoste
Posts: 50
|
International transaction
Hello TRF Friends
If you buy a vintage Rolex watch from a seller overseas(UK/Fance), do you have to pay some type of tax? Thanx for your feedback OO |
|
|
|
17 February 2010, 06:49 AM
|
#2 | |
|
"TRF" Member
Join Date: Jan 2010
Real Name: Y
Location: San Francisco
Watch: PP 5085, Rolex SS
Posts: 106
|
The answer is 100% yes.
You will owe 2 taxes - customs/duties tariff and for most states - a state use tax (basically a sales tax). The tariff is based on the value of the item. However, given the volume of packages coming in, many are not caught in the customs/duties and a "use tax" requires voluntary disclosure from you to your state's tax authorities. In California, technically all things bought by Californians from Amazon are subject to a use tax wherein there is a requirement to self declare and pay the state imposed sales tax. Quote:
|
|
|
|
|
 |
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.
Linear Mode
