I am looking to purchase a print from someone in australia to be shipped to me in the United States. The seller is asking me how much I want him to declare that the print is valued at, which I'm assuming is because of US customs. The price I am paying is several thousand dollars, so if I tell him to value it at that price, what am I looking at in terms of Customs hassle and charges? Any thoughts or advice on the situation? Thanks for any help/advice that anyone can give me:)
I have bought a TON of stuff from overseas, including several items from Australia, I've never been charged US customs fee.
I believe printed material is not charged on import. (steel on the other hand has a tariff now). So you can declare whatever you want and it should not matter.
Thanks guys, deal fell through anyway. Oh well, more money for books:)
I'm happy to help anyone on here who is purchasing from Australia... Just let me know.
Side note - I'm not sure of taxes going OUT of Australia, but for items coming IN, anything from $1,000 AUD (~$750 USD) is charged 10% for Aussies. It's a bit of an issue currently, as the Aus Government are irritatingly trying to drop this threshold down to $1, for companies who earn more than $85,000 AUD in Aussie sales.
Just don't declare the value as less than the insured value. If it goes missing they will only pay the declared value.