Bitcoin Forum

Bitcoin => Hardware => Topic started by: Guruclef on March 03, 2016, 05:32:25 AM



Title: Import taxes for antminer S5 in australia?
Post by: Guruclef on March 03, 2016, 05:32:25 AM
Hello all. I wasn't sure where to ask this question:
I'm not from Australia, but have a friend there. So I wanted to know if it may be cheaper to import an antminer S5 there from China?
Actually I'm not thinking of buying one, but of maybe redeeming one from hashnest when it becomes unprofitable. I guess it will be seen as an import by customs anyway and I will have to pay an import tax.

If you know the answer or where to find it, it would be useful to make a decision. Thanks!


Title: Re: Import taxes for antminer S5 in australia?
Post by: benjamoyne on March 05, 2016, 01:29:39 AM
There are no taxes at the moment, unless it is worth more than $1000.

So you will be fine for anything valued at under $999.99


Title: Re: Import taxes for antminer S5 in australia?
Post by: Guruclef on March 05, 2016, 06:27:12 PM
Thanks for the info! Do you know if you have to be a permanent resident to legally receive an import? My friend there is only passing for a couple of months.

Note: I was thinking of just asking by PM but I think this info may be useful to someone in the future who has the same question


Title: Re: Import taxes for antminer S5 in australia?
Post by: benjamoyne on March 05, 2016, 09:02:19 PM
Thanks for the info! Do you know if you have to be a permanent resident to legally receive an import? My friend there is only passing for a couple of months.

Note: I was thinking of just asking by PM but I think this info may be useful to someone in the future who has the same question

You'll be fine.

No laws about being a permanent resident to receive a package. As long as it's under the $1000 mark in declared value. ;)