VAT / Import Tax Question
I am preparing for the @Studio.Underd0g release next week, but I have no idea what I may have to pay in addition to the price of the watch. Help!
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Ben
Collector of all things cool and unique. Watch junkie, car freak. Why say no when it feels so good to say yes?
Member since
Last active: 48 min ago
6.69” / 17.00 cm
It differs heavily by country, so I'd check the local custom laws.
First questions first. What country are you importing to? If it’s the US, given that the value of the watch is under $800, no import duties would be owed. It gets really complicated over that amount.
As I understand it, the UK charges 20% of the value of the watch, regardless.
First questions first. What country are you importing to? If it’s the US, given that the value of the watch is under $800, no import duties would be owed. It gets really complicated over that amount.
As I understand it, the UK charges 20% of the value of the watch, regardless.
I’m in the US. Thanks for the info! And from what you’re saying, the $1100 Christopher Ward I’m looking at would get complicated.
It differs heavily by country, so I'd check the local custom laws.
Have you ever tried to read the U.S. IRS website? Lol… that’s why I posted :)
I’m in the US. Thanks for the info! And from what you’re saying, the $1100 Christopher Ward I’m looking at would get complicated.
It’s not too awful, but there will be some amount due if the watch costs over $800. Good resource here:
https://valueyourwatch.com/the-ultimate-guide-how-to-import-watches-to-the-usa/
Have you ever tried to read the U.S. IRS website? Lol… that’s why I posted :)
You should check customs website instead of IRS. Import duties are customs jurisdiction.
It’s not too awful, but there will be some amount due if the watch costs over $800. Good resource here:
https://valueyourwatch.com/the-ultimate-guide-how-to-import-watches-to-the-usa/
Thank you!
Thank you!
Thanks!
I've done imports to the US with fees no more than $100-200 for $7000-ish watches. Usually the shipping company will just mail you the bill