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
How to Focus to Change Your Brain
Welcome to the Huberman Lab Podcast where we discuss science and science-based tools for everyday life. [upbeat music] My name is Andrew Huberman and I’m a professor of Neurobiology and Ophthalmology at Stanford school of medicine. This podcast is sepa…
This morning routine is scientifically proven to make you limitless.
What if I told you that you could transform your life and unlock almost limitless potential, and it only takes about 15 minutes a day? In this video, I’m going to talk about something I’ve been looking for almost all my life: the Holy Grail of morning rou…
iPhone 4 is for LOSERS? -- Wackygamer
Today was Thursday. We’re recording this Thursday, June 2nd. Exciting part: iPhone 4 launch! That’s not exciting. I went 7:00 a.m. this morning. You’re pathetic! No, I’m not. What the point of getting iPhone 4? Ione, what’s what’s what’s different with …
Angle of x' axis in Minkowski spacetime | Special relativity | Physics | Khan Academy
We’ve been doing some interesting things in the last few videos. We let go of our Newtonian assumptions that the passage of time is the same in all inertial frames of reference, that time is absolute, that one second in my frame of reference is the same a…
Lecture 9 - How to Raise Money (Marc Andreessen, Ron Conway, Parker Conrad)
Um, but I want to start with a question for Mark and Ron, which is by far the number one question. Probably be a link answer: what do you guys decide to invest in—a founder or a company? Neither of you: no, no, no, no, you first. Um, well, we have a sli…
How to learn Japanese in the easiest ways - Japanese learning tips from a native polyglot 🇯🇵
How can I learn Japanese? Where should I start? Should I learn Hiragana, Katakana, kanji first? How to pronounce Japanese words? Why is Japanese so complicated? I don’t know anything about kanji. Those are the most common things that I hear about learning…