Assorted
Headphoneus Supremus
- Joined
- Jan 21, 2007
- Posts
- 2,676
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- 11
I've had some inquiry regarding buying/selling and shipping the equipment overseas, and I discovered that a good percentage of people wished to have their item prices declared considerably below the actual purchase, and to always mark them as "gifts", even though they were purchased.
After going through some posts here (one in the Vibe thread), and several more voices from various talks, overseas buyers expressed discontent to businesses and individuals for marking their products for what they are, and end up having to pay EU VAT, or brokerage, or any other fees.
I understand that the massive fees are frustrating, and I've been in the same shoes, being that I live in Canada, but I personally cannot justify lying to the authorities (which is possibly illegal) when it comes to business. Sure I may be young and inexperienced, but I have yet to be convinced that import taxes are merely government cash cows.
Or am I missing something? I hope some frequent traders here can give their opinions on this issue.
After going through some posts here (one in the Vibe thread), and several more voices from various talks, overseas buyers expressed discontent to businesses and individuals for marking their products for what they are, and end up having to pay EU VAT, or brokerage, or any other fees.
I understand that the massive fees are frustrating, and I've been in the same shoes, being that I live in Canada, but I personally cannot justify lying to the authorities (which is possibly illegal) when it comes to business. Sure I may be young and inexperienced, but I have yet to be convinced that import taxes are merely government cash cows.
Or am I missing something? I hope some frequent traders here can give their opinions on this issue.