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27 June 2018, 02:43 PM | #1 |
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Repatriating a watch to the US
Hi folks,
I'm the Canadian owner of a IWC Big Pilot that was originally purchased in the US, but made its way to Canada. I am curious if anyone knows if duty would have to be paid on the watch again if it was purchased and brought back into the US? Cheers! |
27 June 2018, 02:56 PM | #2 |
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probably. if it is being re imported permanently
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27 June 2018, 03:00 PM | #3 |
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I know in the EU, the answer is no, if you can show that the item was originally purchased in the EU.
For example, I had a computer, with 19% VAT paid in Germany, but left it at my parent's house in the US. They then shipped it to me, and I showed the local tax office my original receipt (with the serial numbers matching) and how the original purchase was made in Germany and tax had already been paid. Zero issues and I was on my way. I'm *almost positive* this is the exact same thing in the US. I'm also *almost positive* it is illegal to 'double tax' any item, regardless of where it travels after the fact. If this were the case, government could claim you owe tax on every item in your suitcase when you go on international travel. |
27 June 2018, 03:25 PM | #4 | |
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Quote:
That's what I am hoping. From limited experience, importing a vehicle back into the US you do not have to pay tax/duty again. |
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27 June 2018, 03:28 PM | #5 |
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Please keep us updated if you get a solid, 100% answer. I'm sure other people might be interested in this, and the solution will be archived in this thread if anybody searches
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27 June 2018, 07:51 PM | #6 |
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IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
27 June 2018, 08:05 PM | #7 |
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I moved back to the US last year after years in the ME. All my property was well documented declared by the broker. Anything that was purchased in the US returned duty free.
That includes online purchases, BTW. If you bought something from a US retailer and shipped it to your foreign address, it's still considered a US purchase and will return duty free. |
27 June 2018, 10:39 PM | #8 |
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watch on your wrist,box in the suitcase and money in your pocket.
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27 June 2018, 11:04 PM | #9 |
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27 June 2018, 11:11 PM | #10 |
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27 June 2018, 11:12 PM | #11 | |
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Quote:
Over a watch?
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IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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27 June 2018, 11:17 PM | #12 |
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did it gazilion of times and never been caught. I've never even been asked to remove sandals or belts at security checks either..I must look like a good guy or an air marshal,you name it..
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27 June 2018, 11:19 PM | #13 | |
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Quote:
Got it and thank you for continuing to admit and encourage committing a federal crime.
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IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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28 June 2018, 12:00 AM | #14 |
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