Value declaration when selling

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Amazing with the time difference, you can see exactly at what time the paranoia set in. Come on guys I think big brother has better things to do than worry about import duties.

The reason I asked the question in the first place is because I was oblivious to the consequences. Now that I am aware, my decision will be more rational.

Can't we all just love each other?
Amen!
 
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I would not. I never disagreed with that, just questioning how a customs agent reading a public forum with her hubby could track IPs. Anyway, we agree that discussing this in public is a bad idea.
Logs? They got no logs, They don't need no stinking logs.
The information is enbedded in every post. Isp and what city, country, provider and much much more. The tools are public and easy to use. What do you think IT guys do? The internet is codes and programs. That is what make is so easy for you to use.
 
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There is always direct bank transfer between friends.
In Sweden (which I understand to be a cashless society) that may be true. Here in the USA, bank wire transfers are not free.

However, if you use online banking, you can generally transfer between accounts or pay bills for free.

All depends what level of service you have from your bank.
gatorcpa
 
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Speeking of fraud, I presume everyone declares the profits made from sales?
 
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There is always direct bank transfer between friends.
And in the US, friends may include the Federal Reserve. All wire transfers go through the Fed. All communication regarding wire transfer must go through them. The banks may not side step them at any point, even phone calls.
How the recent "direct transfers" are being routed I do not know. I suspect that they are handled like a check processing.
 
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And in the US, friends may include the Federal Reserve. All wire transfers go through the Fed. All communication regarding wire transfer must go through them. The banks may not side step them at any point, even phone calls.
How the recent "direct transfers" are being routed I do not know. I suspect that they are handled like a check processing.
"Land of the free"
 
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I had a check book back in the late 80s.
Never seen one ever since on these shores.
Electronic transfers since then.
Amounts less than about USD5000 are not allowed to be tracked here.
It's considered invasion of ones private life.
 
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How the recent "direct transfers" are being routed I do not know.
Automated Clearing House or ACH. The European equivalent is called the Society for Worldwide Interbank Financial Telecommunication, or SWIFT. They all go through the Fed at some level.

One reason behind these clearinghouses is so government can track the movement of funds when necessary (with a warrant of course).

George Orwell was right, Big Brother is watching! 😁
gatorcpa

P.S. By the way, give your US bank a SWIFT number or your European bank an ACH number and see how much they want to charge you. That's why Elon Musk is a multi-billionaire. PayPal moves billions of dollars a day, so their marginal costs of funds transfers are a helluva lot less than yours or mine.

P.P.S -
Amounts less than about USD5000 are not allowed to be tracked here
You must have a lot more trust in your government than I do in mine.
 
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Logs? They got no logs, They don't need no stinking logs.
The information is enbedded in every post. Isp and what city, country, provider and much much more. The tools are public and easy to use. What do you think IT guys do? The internet is codes and programs. That is what make is so easy for you to use.

I have a pretty good idea how it all works... 😉
 
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BTW, there been an ongoing battle between the US government and SWIFT over access to financial information regarding potential terrorist activities. Read more about that here:

https://en.wikipedia.org/wiki/Socie...Telecommunication#U.S._government_involvement

The US Government tends to get what they want by any means necessary:

https://en.wikipedia.org/wiki/Socie...ncial_Telecommunication#Monitoring_by_the_NSA

Another reason why I don't put much faith in privacy laws. Anywhere.

As we drift further and further away from the original topic....🙄
gatorcpa
 
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Speeking of fraud, I presume everyone declares the profits made from sales?

What profits? After servicing, straps, and losses taken on other watches, this hobby costs money.
 
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Well, I plan to torment and terrorise the world with auction snipes and stealth bids on lovely vintage watches....
You can not stop me!!!!!!! Moah-haa-haa!
Edited:
 
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Come on guys I think big brother has better things to do than worry about import duties.

Actually, Big Brother LOVES to look for money that's owed to him, and catching tax evaders is one of his favorite ways to get it.
 
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Actually, Big Brother LOVES to look for money that's owed to him, and catching tax evaders is one of his favorite ways to get it.
Remember, tax avoidance is the right and duty of every American. Tax evasion is illegal and is subject to fines, seizures and jail terms.

Sometimes the lines are very blurry. For both the crooks and the government.
gatorcpa
 
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No seriously, this is a sport and just like any other one. Us against them. To be played hard and to the end. It is your duty (!) to try to prevent the bastards getting your cash.

It is also a game of numbers. You play it for long enough you will get pinged by the man in the tax collector's hat. I figure that I am a fair way ahead and if one goes missing or I get a penalty payment then that is just one of the costs of playing the game.
 
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What profits? After servicing, straps, and losses taken on other watches, this hobby costs money.
True.
 
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In Sweden (which I understand to be a cashless society) that may be true. Here in the USA, bank wire transfers are not free.

I did not know that.
 
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Hey, we need another watch picture interlude! This one recently made the trek from Sweden to Chicago.