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
Scientific Notation - Explained!
In science, we often have to deal with some very large numbers. For example, the mass of the sun. That is the mass of the sun. Two followed by thirty zeros in units of kilograms. That is two thousand billion billion billion kilograms. There has got to be …
What the Fahrenheit?!
As an Australian Canadian, the Fahrenheit temperature scale has always seemed a bit arbitrary to me. I mean, why does water freeze at 32 degrees? Why that integer? And what exactly does 0 represent? According to many sources, the Fahrenheit scale was defi…
The Rescue | Official Trailer | National Geographic Documentary Films
Breaking News. Right now, out of Thailand. Rescue teams are working through the night to save 12 boys and their coach, trapped inside a cave. The monsoon had come early. The conditions in the cave were impossible. There was a very strong feeling that the …
Destination Delicious: Experiencing Austin with an Appetite for Adventure | National Geographic
Foreign photography leads you to magic places that you wouldn’t go without the camera. [Music] Curiosity is sort of like the fundamental thing that, as a documentary photographer, you have to have. That’s why I became a photographer. I work a lot in the A…
The Foundations Are Math and Logic
And to me, foundational things are principles. There are algorithms. They’re deep-seated logical understandings where you can defend it or attack it from any angle. And that’s why microeconomics is important because macroeconomics, a lot of memorization.…
15 Signs You are the New Rich
When talking about rich people, you probably picture some old or wrinkly white man wearing a suit, sitting in a boardroom. Well, there is a new kind of rich individual that stays as far away as possible from this kind of identity. They don’t give an f abo…