Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Declared Values
>
Reply to Thread
Message:
<p>[QUOTE="Ken Dorney, post: 3008189, member: 76086"]Its been long time since I have used paper forms, but most procedures and regulations are still current since I have. As I recall there is an international exemption for taxes around $1400 or so (dont quote me on that!!!). The biggest difference between now now and then: in the old days customs forms were placed <i>inside</i> the package. Now they are printed on the label and on the <i>outside</i> of the package. This means that regardless of the value and tax status the value must be visible to anyone and everyone who looks at the package.</p><p><br /></p><p>This of course means that the package is vulnerable to theft base on what we declare. Many dealers will declare the value much less than the actual invoice amount, not because the are trying to avoid tax issues (there are none under the threshold, as per various countries regulations) but because the are trying to reduce the possibility of theft of the contents. </p><p><br /></p><p>I have seen many major auction houses declare the contents as '$0', but others as actual. I cant and wont advise anyone as to what they should do.[/QUOTE]</p><p><br /></p>
[QUOTE="Ken Dorney, post: 3008189, member: 76086"]Its been long time since I have used paper forms, but most procedures and regulations are still current since I have. As I recall there is an international exemption for taxes around $1400 or so (dont quote me on that!!!). The biggest difference between now now and then: in the old days customs forms were placed [I]inside[/I] the package. Now they are printed on the label and on the [I]outside[/I] of the package. This means that regardless of the value and tax status the value must be visible to anyone and everyone who looks at the package. This of course means that the package is vulnerable to theft base on what we declare. Many dealers will declare the value much less than the actual invoice amount, not because the are trying to avoid tax issues (there are none under the threshold, as per various countries regulations) but because the are trying to reduce the possibility of theft of the contents. I have seen many major auction houses declare the contents as '$0', but others as actual. I cant and wont advise anyone as to what they should do.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
Declared Values
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...