yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Taxes vs Duty (Clip) | To Catch a Smuggler | National Geographic


2m read
·Nov 10, 2024

You purchased this. We have to add this up. All right.

So how much is this adding up to? Do you understand?

Well, that's one side. It's got to go on the other side. There's exact prices of how much she paid.

She has ten. $15,000 worth of gold. Are you aware you have to pay duty on gold? You pay duty here. So when you come into the U.S.. Yeah, right.

All purchases. You have to pay duty on these items, right? But that's irrelevant to us. You have to pay duty to the US government when you purchase anything.

I do this every day. I know exactly what I'm looking for. It's always going to be fair.

And I'm all right. We're going to move on to the bags. So you did declare 6000 in clothes, and the new clothes that you are declaring are in there, right?

Yeah. No. Well, everything is recorded, so you can file a complaint if you think something is missing.

So you're declaring 6000, right? Yeah. And then we have more here. Okay, but you have to declare things the right way.

If there is a failure to declare, the government can seize these items. But you didn't declare everything.

But did you ever pay duty to be here like this? Look, no. That's irrelevant. This is US customs, and you have to pay duty here.

Okay. So I'm going to make the calculation. So the clothes you did declare, you were doing good. But then we have a lot of items missing.

So on those items, you're going to have to pay a penalty. The items you did, the clerk is going to be $506.

The penalty on the other items is $5,600. So I have to ask, are you going to pay it or...

20 penalty was pretty hefty. But people who want to bring in ten, $15,000 worth of gold are going to get penalized.

And she decided to pay, and she walked out to go with our stuff.

Yeah. Tough cookie.

More Articles

View All
Overview of the Middle Ages | World History | Khan Academy
Growing up, we all have impressions of the Middle Ages. We read about knights in shining armor, castles with moats, and towers. But when were the Middle Ages? The simple answer: the Middle Ages in Europe are the roughly 1,000 years from the fall of the Ro…
Helicopter Physics Series #6 - LASER HELICOPTER BLADES - Smarter Every Day 49
(Carl) We have our bolt and thread here to balance, and we can run the nut in and out to get the perfect balance. (Destin) That’s pretty smart. I bet a smart guy came up with that. (Carl) Oh… a… brilliant person. [laugh] Oh hey. Yeah. You see that? You …
Identifying unit fractions word problem | Math | 3rd grade | Khan Academy
This question says Vera’s dinner plate is divided into three equal size sections. Vera puts all her broccoli in one section, and then we’re asked what fraction of Vera’s plate has broccoli. Okay, so we have a plate with three equal size sections, and we …
Chasing Microbes: The Secret Superheroes of Our Planet | National Geographic
There are places all over the world where methane is coming out of the seafloor. This is kind of concerning because methane is a very strong greenhouse gas. We think a lot about carbon dioxide heating up the planet, but methane is about 25 times worse. An…
Richard Carranza on how NYC is handling school closures during Covid-19 | Homeroom with Sal
Hi everyone! Welcome to the daily homeroom live stream, which is something that all of us at Khan Academy started up once we started having mass school physical closures. I should say many seems like a lifetime ago. It’s just a way to keep in touch, have …
The Cleverest Productivity Hack | Productivity Hacks for Students
This is a good idea. So, I used to buy this gum from the grocery store, and it was just like regular Wrigley’s Extra or whatever. But it was my study gum, so I only studied it when I chewed it, and I only chewed it when I was about to study. It was like m…