Traditional Culture Encyclopedia - Tourist attractions - When I travel to Japan and bring back a lot of electrical appliances, will I be taxed?
When I travel to Japan and bring back a lot of electrical appliances, will I be taxed?
Tax will be levied if the price is too high. A tax levied by a country's customs on imported and exported goods passing through its customs territory in accordance with the laws of that country. Tariffs in various countries are generally high-level taxes with tax rates specified by the highest administrative unit of the country.
For countries with developed foreign trade, tariffs are often the main revenue for national taxation and even national finance. The government can impose tariffs on imported and exported goods, but import tariffs are the most important and are the main trade measures. Extended information
The CIF price of imported goods based on the transaction value approved by the customs is the duty-paid value; the FOB price of exported goods after the goods are sold overseas minus the export tax shall be determined after customs review The price is the duty paid price. That is:
Duty-paid value = based on the transaction value approved by the customs – CIF price;
Duty-paid value = [(export goods sales + overseas FOB price) – export tax ]→Customs approval.
The formula for calculating the taxable amount of customs duties is: taxable amount = customs duty paid price × applicable tax rate.
Baidu Encyclopedia-Tariff
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