Value added tax (VAT) - Europe
Home :: Free word - say whatever you like which does not fit under the other topics. :: Value added tax (VAT) - EuropeReply
Value added tax (VAT) - Europe Posted on: 16.12.2011 by Kirk Patil I want too buy my DJ gear from the U.S because it's cheaper + with the shipping you still save money but then i stumbled upon Value added tax (VAT) If i'm not wrong you always have to pay for this when people ship you stuff from the U.S to Europe and that can be alot if you buy products with high prices.Let's say if i buy the "S2 CONTROLLERIST ESSENTIALS BUNDLE" which costs $750 and i live in The Netherlands where the VAT is 19% BTW standard = Original Amount: $750.00 Tax Amount: $142.50 Total + Tax: $892.50 And you also have to pay for the shipping right? Am i doing this right or not? Can someone please explain how this works. Thanks | |
Kirk Patil 17.12.2011 |
Originally Posted by Patch
|
Kirk Patil 17.12.2011 |
Originally Posted by kooper1980
I guess i will stay away from buying stuff from the U.S, thanks for all the help though |
Kirk Patil 16.12.2011 | I want too buy my DJ gear from the U.S because it's cheaper + with the shipping you still save money but then i stumbled upon Value added tax (VAT) If i'm not wrong you always have to pay for this when people ship you stuff from the U.S to Europe and that can be alot if you buy products with high prices. Let's say if i buy the "S2 CONTROLLERIST ESSENTIALS BUNDLE" which costs $750 and i live in The Netherlands where the VAT is 19% BTW standard = Original Amount: $750.00 Tax Amount: $142.50 Total + Tax: $892.50 And you also have to pay for the shipping right? Am i doing this right or not? Can someone please explain how this works. Thanks |
Kirk Patil 17.12.2011 |
Originally Posted by Patch
|
Kirk Patil 17.12.2011 |
Originally Posted by kooper1980
I guess i will stay away from buying stuff from the U.S, thanks for all the help though |
Ngan Ernestine 16.12.2011 | In Germany (and things seem to be similar in many other EU countries), you pay the VAT on the value of the goods + tariff (if applicable) + excise tax (if applicable; there's no excise tax on electronics) + shipping costs In particular, note the following: (i) you didn't factor in that you'll have to pay tariffs; and (ii) the 19% VAT is levied not on the goods price but on the goods price plus other stuff (notably, shipping and tariffs). Also, don't forget about potential warranty issues when buying from abroad. |
Brunilda Kora 16.12.2011 | You'll also pay import tax. You can avoid import tax & vat if you have a friend in the U.S tat can send it as, <<ahem>> a "gift"... |
Kristofer Krauel 16.12.2011 | Yeah that's about right mate. Not so attractive once you take that into account!! |
<< Back to Free word - say whatever you like which does not fit under the other topics.Reply