Buying a watch in Europe

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M mrhee6
If you see a cop at your destination, do you tell him that you sped on the way there? LOL🙄

No because the state/city/county cop can't look at my credit card records a month or year later and come at me for a lot frauding whereas CBP & the feds can.

But you do you! 🍿
 
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No because the state/city/county cop can't look at my credit card records a month or year later and come at me for a lot frauding…
Actually, the states are allowed by law to audit you, but generally won’t unless the tax dollars are large and they are notified by US Customs.

That’s why they let you voluntarily declare use tax on your state income tax returns at the end of the year if you have a guilty conscience.
gatorcpa
 
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an advantage is that you can tell you bought it in Italy where things are made better 😉
 
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I think we had a thread recently about someone who received a state use-tax bill for a watch that passed through customs. This seems to depend on the state. This could be substantially more than the customs duty itself, although obviously one would be paying sales tax when buying in the US.
 
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I think we had a thread recently about someone who received a state use-tax bill for a watch that passed through customs. This seems to depend on the state. This could be substantially more than the customs duty itself, although obviously one would be paying sales tax when buying in the US.

The big companies like FedEx, DHL etc Now are bound to report all transaction's and it’s lodging in a digital system more than paperwork nowadays which makes it easier for state and federal agencies to see.
 
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What is a good amount to consider buying in Europe a good deal? I payed the duty and also got the VAT refund. I saved about $1k off list, but I have no reference for whether you can get that from an AD in the US or not. The AD I bought it from discounted it a bit also, so I’d assume a stateside one would as well.

Edit: I guess I saved about $1600 if you count the sales tax I would have paid.
 
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No because the state/city/county cop can't look at my credit card records a month or year later and come at me for a lot frauding whereas CBP & the feds can.

But you do you! 🍿
I know, just stirring the pot haha. Personally I haven’t purchased luxury goods overseas, but I would declare it. I’ve read threads about people getting caught and paying hefty fines on top of the taxes and it’s just not worth the headache.