The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 18 January 2018, 11:54 AM   #1
rom33
2024 Pledge Member
 
rom33's Avatar
 
Join Date: Sep 2017
Location: In a Hotel
Posts: 332
What is the custom's tax for a Submariner bought in Europe?

Yesterday I flew into San Francisco from Germany walked up to a custom's officer at the airport and asked to pay the federal import tax on a watch.
He at first was a bit shocked as I was standing several feet from the exit but after I picked up my bag there were no signs as to where to pay the tax. In my readings I had read of a severe penalty for not paying the tax.

When I was finally asked to place my bags on the counter the officer started to say the tax is free for the first $800 and then 6.25% on the balance. She also confidently told me "they" knew how to find the cost of the watch.
The percentage she told me sounded incorrect as I had read on several threads it was about 3-4 %.

Today I went to the Federal customs website and it appears that a steel, automatic watch has a tax of 3.1%. A watch with diamonds or made of a precious material is 6.25%.


Can anyone confirm the correct tax percentage for a Rolex Steel Sub?

I repeatedly asked the agents for a final detailed account. They told me they would give me a copy at the end and all I received was a cash register type receipt for total taxes paid. This was a Rolex sub with date and they took a long time to I.D. the MSRP of the watch.

BTW the ordeal was not pleasant at all and I paid a tax of 6.25%. The officer also tore apart several wrapped packages and after they flipped through the luggage I was left to re-pack. Their "tone" if you will was because I could not produce a receipt I was trying to somehow deceive them.

I did not have the original receipt from the store as this was given to Global Blue to receive the VAT refund.
rom33 is offline   Reply With Quote
 

Tags
u.s. custom's tax


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.