Not paying taxes is tax evasion, which we don't encourage. It's not worth risking your business getting fined. It's best to know any customs duty rate amount that is applicable to your shipment, and be upfront with customers on pricing. Use the import taxes calculator for an estimate or...
Vietnam’s import duty rates are calculated by multiplying the value of the imported goods by the applicable tax rate: Import tax = tax rate x (value of imported goods + VAT (if any) + SCT (if any) + EPT (if any)). You can determine the import tax rate for goodsusing th...
The government-backed plan targets farmers in the lake region counties of Homa Bay, Migori, Kisumu and Busia as well as Lamu, Kwale, Tana River and Taita Taveta on the Coast. Indonesia produces nearly 60 percent of global palm oil followed by Malaysia, which makes up more than ...
Add to this the requirement that all calculations are done in GBP, according to thetax authorities’ guidelines, despite the fact that you probably paid for the products in a different currency, and it starts to get mind bogglingly complicated. Because of this level of complexity, businesses i...
You can determine the import tax rate for goodsusing the Harmonised system (HS) Code. The codes from HS also indicate whether the goods are subject to VAT, SCT, or EPT. You can also determine your shipment’s duties and taxes with the DHL duty calculator. ...