Exemption over $800, returning to van Just got a quick question for some of you that travel a lot and do quite a bit of shopping or like to splurge. Now say I've bought a watch that's about $1000 usd... I know I can't combine the exemption with my fiancé so I'll have to put it under my name on the declaration card, now I just want to know.. Will I automatically be put to the side to pay the taxes or has some of you gotten lucky and just gone through?.. And if I do pay the taxes on the watch, is it on.. What's over $800? Or do I got to pay the taxes on the whole item. Thanks |
Expect to pay taxes on it. I can't remember if its the whole thing or the non exempt portion. You'll most likely get lucky and not have to pay, but prepare to do so incase. |
You may or may not get pulled in. If they see that you spend over the limit on a single item you're likely going to get pulled in so they can check what else you may have bought. Always declare - if you can afford a $1000 watch, you can afford the tax on it. It's not worth the potential shitstorm you face over the next many years. You pay tax on everything on invoice, including any sales tax you may have paid on that item in the US. You may also pay duty depending on where the watch was made. |
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If you're over 24hrs, but less than 48, you get $200 exemption, if you're over, you get no exemption. If you're over 48hrs, you get $800. If you're over, you get ding'd on what you are over the $800. Quote:
Travellers - Duty and Taxes Estimator |
Just declare it. The last thing you need is a little record on your customs file saying you were caught not declaring the taxable things. That's 7 years of secondary examination. In my experience I've declared the full amount on all my trips (I have Nexus) and I've only been taxed once like 10 dollars, and I've been over the limit most times. |
Yeah I'll for sure declare it since I travel quite a bit I just don't usually shop or if I do I'm never over the exemption. So just seeing if people get lucky and not have to pay it or if I do its just whatever is over 800 lol |
Always declare the full amount. Usually they don't really tax you. |
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or you know, just wear the watch and you wont have to declare anything. :troll: |
^ Until you get a keen eyed Customs agent that wants to be a dick. My cousin (Although he works on a cruise ship) was asked by Canada customs to show receipt of payment for his Rolex 6 months after he purchased it. This was after many crossings. He had to pay his duty after all. |
^ thats just one person being super cunty. i doubt they'll even know op's watch is worth $1k. |
I have the box and stuff, bought it from a duty free store I'm Korea. Picking it up at the duty free pick up station after security |
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For $1000 USD, I would just declare the full value and show them the receipt and all. Sometimes, the consequences, can cost you more than money alone. |
lol did anyone ever watch that border security show? the penalty is 4x what you're supposed to pay. LPT: take a picture of the receipt of everything of value (electronics, jewelry, expensive clothes etc) and leave it on your phone in a separate folder. |
Wrote down $1400 didn't have to pay taxes. Got lucky |
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