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
First Look at Jane | National Geographic
Louis Leakey sent me to Gombe because he believed that an understanding of chimpanzees in the wild would help him to better guess how our Stone-Age ancestors may have behaved. It had long been thought that we were the only creatures on earth that used and…
Proof: perpendicular lines have negative reciprocal slope | High School Math | Khan Academy
What I’d like to do in this video is use some geometric arguments to prove that the slopes of perpendicular lines are negative reciprocals of each other. So, just to start off, we have lines L and M, and we’re going to assume that they are perpendicular,…
15 Things That Make Life Worth Living
Nobody can buy a home these days. The rich keep getting richer and the poor poorer. World War Three is buffering on the horizon while the ice caps are melting, and everyone you ask tells you how they just want to get through this week because they’re hold…
The Paradoxes of Life
As kids, we believed a lot of different things: from thinking that the gifts under the Christmas tree were kept there by Santa to imagining a tiny fairy that came in at the dead of night to steal the loose tooth from underneath our pillows. Most of the th…
Homeroom with Sal & Tom Inglesby, MD - Tuesday, September 8
Welcome to the Homeroom livestream. We have a very exciting conversation planned, but before we dive into that, I’ll give you my standard announcements. First of all, just a reminder that Khan Academy is a not-for-profit organization, and we wouldn’t exis…
Why your plans are failing and methods to schedule your day/week/month✏️🗓
If your plans are failing and if you’re always feeling like you’re behind of your schedule, your plans, whatever, and if you’re feeling like you don’t have enough time in a day, then this video might be for you. Hi guys, it’s me, Judy, your favorite, you…