Shipping
Shipping becomes a problem for purchasing in many foreign countries
because distances are so long. You have to make a financial judgment
as to whether the shipping costs preclude purchasing the specific
item you want to purchase abroad.
Taxes
You need to learn about taxation in the country in which you want to
make a purchase. US citizens are used to considering the sales tax
(paid to states). Similar taxation in foreign countries may seem abusive
and financially unacceptable. Indeed, the local taxation may be
complex or have multiple layers compared to the simple sales tax collected
in the US. Probably, you will be exempt from such taxation, but
that is something you need to determine.
Then there is the import tax (tariff). When you import something to
the US, you may have to pay an import duty. There are certain exemptions,
but the law is not simple, and you might get surprised. Some
things are even banned for import.
What to Do?
If you are serious about buying in foreign countries on eBay, it will
require some research on your part to be successful. Nonetheless, eBay
will permit you to bid on its auctions abroad without obtaining special
memberships, and foreign buying on eBay opens opportunities to you
not easily available by other means.
If you’re a seller on eBay, the capability to buy on foreign eBays presents
a wonderful new opportunity. There is a huge amount of merchandise
sold abroad that is not available in the US but that will sell
well in the US. In buying such merchandise abroad for resale in the
US, eBay gives you a cost-effective import opportunity unimagined
before the Web. Although you probably can’t buy enough merchandise
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Sunday, 14 December 2008
Shipping,Taxes,What to Do?
Posted by Admin at 02:08
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