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
Derivative as a concept | Derivatives introduction | AP Calculus AB | Khan Academy
You are likely already familiar with the idea of a slope of a line. If you’re not, I encourage you to review it on Khan Academy. But all it is, it’s describing the rate of change of a vertical variable with respect to a horizontal variable. So, for examp…
Citizenship in early America, 1840s-1870s | Citizenship | High school civics | Khan Academy
In the last video, we discussed who did and did not have citizenship and voting rights from 1789 to the 1830s. To summarize, citizenship was reserved for white men, women, and children. By the 1830s, the right to vote extended to all white men, regardless…
2015 AP Calculus BC 2a | AP Calculus BC solved exams | AP Calculus BC | Khan Academy
At time ( T ) is greater than or equal to zero, a particle moving along a curve in the XY plane has position ( X(T) ) and ( Y(T) ). So, its x-coordinate is given by the parametric function ( X(T) ) and y-coordinate by the parametric function ( Y(T) ). Wi…
We WILL Fix Climate Change!
Our home is burning. Rapid climate change is destabilizing our world. It seems our emissions will not fall quickly enough to avoid runaway warming, and we may soon hit tipping points that will lead to the collapse of ecosystems and our civilization. While…
Introduction to average rate of change | Functions | Algebra I | Khan Academy
So we have different definitions for d of t on the left and the right, and let’s say that d is distance and t is time. So this is giving us our distance as a function of time. On the left, it’s equal to 3t plus one, and you can see the graph of how distan…
Limit of (1-cos(x))/x as x approaches 0 | Derivative rules | AP Calculus AB | Khan Academy
What we want to do in this video is figure out what the limit as ( x ) approaches ( z ) of ( \frac{1 - \cos(x)}{x} ) is equal to. We’re going to assume we know one thing ahead of time: we’re going to assume we know that the limit as ( x ) approaches ( 0 )…