Import tax
Aug 20, 2019 11:26:10 #
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
Aug 20, 2019 11:30:48 #
Aug 20, 2019 11:47:34 #
Jim Bianco wrote:
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
I purchased a Leica M6 from Japan and no import tax.
Dennis
Aug 20, 2019 12:09:36 #
Jim Bianco wrote:
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
Who is telling you there's an import tax? Is the "tax" duty or customs or brokerage? Is it being assessed by the government or the shipper or the retailer?
Aug 20, 2019 12:10:53 #
I have purchased many items direct from sellers in Japan and Germany. Most of the items were used / vintage parts or equipment. No duty was ever assessed. In fact I don't remember the sellers listing a value
just a description. Good luck! David C.
just a description. Good luck! David C.
Aug 20, 2019 13:13:04 #
henryp wrote:
Who is telling you there's an import tax? Is the "tax" duty or customs or brokerage? Is it being assessed by the government or the shipper or the retailer?
It may say, you may be responsible, for a customs or duty tax. Lens is 200.00 from Japan.
Aug 21, 2019 02:54:03 #
Jim Bianco wrote:
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
I bought a lens from Japan, a couple thousand, no import tax!
Aug 21, 2019 05:40:45 #
In the UK we have pay VAT (20%) and import duty , usually about 2% on camera equipment . I look at the prices on Adorama and B&H with very green eyes.
The VAT also applies to used items from a VAT registered (business ) seller . So our dear Treasury collects tax every time a lens is sold.
Really winds me up !
The VAT also applies to used items from a VAT registered (business ) seller . So our dear Treasury collects tax every time a lens is sold.
Really winds me up !
Aug 21, 2019 05:41:34 #
Its likely that the estimated tax is often included in the price the customer pays and not listed separately to simplify the transaction.
Aug 21, 2019 05:42:00 #
chrissybabe
Loc: New Zealand
Of course you are still meant to declare it on your tax return and submit the appropriate amount to your local state (unless NJ has no tax of course but that won't apply to most states). And we are all honest in this great country of yours
Aug 21, 2019 06:45:03 #
billnikon
Loc: Pennsylvania/Ohio/Florida/Maui/Oregon/Vermont
Jim Bianco wrote:
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
I have ordered over 10 lenses from Japan, NEVER paid any import tax.
Aug 21, 2019 06:51:53 #
Nope! I've bought several things, including a lens, from Japan - no extra charges. eBay has lots of items that come directly from China with no extra charges.
Aug 21, 2019 07:22:20 #
scubadoc
Loc: Sarasota, FL
US Customs will usually report the declared value of your imported item to your local state tax dept. It is up to them to send you a bill for “use tax”, which is the same rate as your state sales tax. Legally, you are required to pay the use tax without being notified by your local state tax dept. Some states are more rigorous than others about billing you. In my case I received a bill from Maryland within 6 months after purchasing some underwater camera gear directly from Canada.
Aug 21, 2019 08:14:39 #
chrissybabe wrote:
Of course you are still meant to declare it on your tax return and submit the appropriate amount to your local state (unless NJ has no tax of course but that won't apply to most states). And we are all honest in this great country of yours
Aug 21, 2019 08:25:29 #
mwsilvers
Loc: Central New Jersey
Jim Bianco wrote:
I want to buy a lens from Japan , I live in N J will I have to pay an import tax on a 200.00 lens?Have you guys ever have this problem. Thanks Jim Bianco
Are you buying something that cannot be purchased here?
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.