Informed Trade International
What are Import Taxes?
Import tax or import tariffs (also known as import duties) in the United States generally refer to the taxes and fees charged by US Customs when importers bring goods into the country. They are as...
Importing Knock-off Purses
This question came in response to the post entitled What is a Foreign Trade Zone?
Sandra asks
This customs thing is very confusing to me, but I keep reading more and more to try to understand.I a...
What is a Foreign Trade Zone?
A foreign trade zone is a warehouse on US soil that acts like limbo for imported goods. If you have something that can’t come into the country, is just stopping off before being shipped to another...
Importing Process
Paying Duty: The importer is ultimately responsible for paying any duty owed on an import. Determining duty can be very complicated, and while shipping services will often give an estimate for what...
Sample Import Requirements
Question
I am interested in importing single samples of furniture from Bulgaria as showroom pieces. Each piece is valued at 90-150 Euros and I would like to find out the approximate import tax. The...