Bitcoin Forum

Bitcoin => Hardware => Topic started by: Rampion on March 26, 2013, 11:26:42 AM



Title: AVALON batch #3 value for customs?
Post by: Rampion on March 26, 2013, 11:26:42 AM
Batch #1 and Batch #2 units had their value stated in USD on the website. Batch #3 was always listed in BTC only.

What USD/EUR value will be declared for import duties/taxes value? This is quite an important matter, as some of us in Europe have to pay up to 24% VAT.


Title: Re: AVALON batch #3 value for customs?
Post by: Bowjob on March 26, 2013, 11:28:53 AM
Batch #1 and Batch #2 units had their value stated in USD on the website. Batch #3 was always listed in BTC only.

What USD/EUR value will be declared for import duties/taxes value? This is quite an important matter, as some of us in Europe have to pay up to 24% VAT.

It's gonna be whatever fiat value you paid for at the time of purchase. So, it's 7700 +24%.



Title: Re: AVALON batch #3 value for customs?
Post by: punin on March 26, 2013, 11:29:59 AM
Batch #1 and Batch #2 units had their value stated in USD on the website. Batch #3 was always listed in BTC only.

What USD/EUR value will be declared for import duties/taxes value? This is quite an important matter, as some of us in Europe have to pay up to 24% VAT.

It's gonna be whatever fiat value you paid for at the time of purchase. So, it's 7700 +24%.


Umm, based on what information? Source?


Title: Re: AVALON batch #3 value for customs?
Post by: 🏰 TradeFortress 🏰 on March 26, 2013, 11:32:33 AM
Based on common sense maybe?


Title: Re: AVALON batch #3 value for customs?
Post by: allinvain on March 26, 2013, 12:16:52 PM
Batch #1 and Batch #2 units had their value stated in USD on the website. Batch #3 was always listed in BTC only.

What USD/EUR value will be declared for import duties/taxes value? This is quite an important matter, as some of us in Europe have to pay up to 24% VAT.

It's gonna be whatever fiat value you paid for at the time of purchase. So, it's 7700 +24%.



Nope. That's not it. They declare a much much LOWER value than the purchase amount, but shhhhh let's keep that a secret..mmmkaaay?  :P We would not want the big bad greedy government to fleece us.


Title: Re: AVALON batch #3 value for customs?
Post by: Rampion on March 26, 2013, 12:17:36 PM
Batch #1 and Batch #2 units had their value stated in USD on the website. Batch #3 was always listed in BTC only.

What USD/EUR value will be declared for import duties/taxes value? This is quite an important matter, as some of us in Europe have to pay up to 24% VAT.

It's gonna be whatever fiat value you paid for at the time of purchase. So, it's 7700 +24%.



Well, exchange rate was aprox. $70usd per BTC when I bought - for a 3 modules unit that is more like $5.250

Anyhow is a big hit indeed, when it comes to customs value. But it is what it is, we already knew that.