Holy Tarriffs Guido

[jetboatperformance]

We shipped a super charge LS crate motor to a place in Italy called Trieste (port) the price tag at JBP was 25K (US) check out to fees etc the consignee has to pay :

Descrizione Spesa Qtà Per Aliquota DIV DIV Totale Sc. IVA Spesa
DIRITTI DOGANALI ------- FLAT 6711.88 EUR 6,711.88 1.0000 N5 6,711.88
Spesa Totale 7,050.97
IVA Amount 46.49
Totale EUR 7,097.46

 

[SixD9R]

And that my friends, is exactly why Trump keeps saying we need to impose tariffs on other countries.

7K euro is nothing compared to what it would cost to import that motor into China.

 

[monkeyswrench]

Germany and France were 30% 20 years ago when I was shipping stuff

 

[mash on it]

LS swap in a jet bote?
In Italy?
Tom. is. a. legend.

Dan'l

 

[DarkJuJu]

Is any of that VAT?

 

[530RL]

Is any of that VAT?

VAT equivalent so that importers do not have a competitive advantage over local stuff.

 

[Mack]

China has no vat tax so what’s their excuse for high tariffs on American goods

 

[PlumLoco]

The wife and I are looking seriously at moving to Portugal. I'm told buying a car over there will cost over 30% more than I'm paying the seller.
And to think that taxes are the main reason we're leaving CA.

 

[jetboatperformance]

VAT equivalent so that importers do not have a competitive advantage over local stuff.

I dont think so I've been using Google translate on some of it .... Diritti = customs duties
DIRITTI DOGANALI ------- FLAT 6711.88 EUR 6,711.88 1.0000 N5 6,711.88
Spesa Totale 7,050.97
IVA Amount 46.49
Totale EUR 7,097.46

 

[JUSTWANNARACE]

Ship them as "used" not "new" and avoid alot of taxes.. so I've heard

 

[TimeBandit]

A good example of duties making the item more expensive for the consumer.

The USA did not pay that duty, the end consumer did, the "country" never pays.

It exists as somebody else mentioned to reduce competition to local goods.

If there are no "local" alternates, it just equates to higher prices paid by the consumer.

 

[HBCraig]

I know there is a heavy "displacement " tax in Germany where my main factory is located. The owner of the main hotel we stay at has a dodge Ram Hemi. He is considered a total baller because of the amount of taxes he pays yearly. That's why it's all EVs or tiny displacement turbo diesels

 

[stephenkatsea]

FWIW - Trieste, Italy - Believe it was once a part of Yugoslavia.

 

[TripleB]

Hold my beer, Bahamas tax for cars

Vehicle Type	Duty Rate
Antique Vehicles	65%
Vintage Vehicles	65%
New/Used Hybrid Vehicles ($70,000 or less)	10%
New/Used Hybrid Vehicles (over $70,000)	25%
New Electric Vehicles ($70,000 or less)	10%
New Electric Vehicles (over $70,000)	25%
New/Used Vehicles (over 20 tons)	85%
New/Used Gas Vehicles	65%
Golf Cars	30%

 

[DarkHorseRacing]

Hold my beer, Bahamas tax for cars

Vehicle Type	Duty Rate
Antique Vehicles	65%
Vintage Vehicles	65%
New/Used Hybrid Vehicles ($70,000 or less)	10%
New/Used Hybrid Vehicles (over $70,000)	25%
New Electric Vehicles ($70,000 or less)	10%
New Electric Vehicles (over $70,000)	25%
New/Used Vehicles (over 20 tons)	85%
New/Used Gas Vehicles	65%
Golf Cars	30%

Yeah but you're talking about a small island. They want to keep the number of cars down.

 

[TripleB]

Abaco is only 107 miles long

 

[wzuber]

Ship them as "used" not "new" and avoid alot of taxes.. so I've heard

Interesting....so dynoing it would make it a "used" engine? Used as a r&d test mule.

 

[rivermobster]

Interesting....so dynoing it would make it a "used" engine? Used as a r&d test mule.

Unless it's a GM or Ford crate engine, I would think anything rebuilt would be used?

 

[wzuber]

Unless it's a GM or Ford crate engine, I would think anything rebuilt would be used?

It's a blower motor they built to customers request, they crated and shipped. Pretty sure they can call it what they want?

 

[rivermobster]

It's a blower motor they built to customers request, they crated and shipped. Pretty sure they can call it what they want?

Agreed.

 

[JUSTWANNARACE]

Interesting....so dynoing it would make it a "used" engine? Used as a r&d test mule.

Yes. I have shipped containers full of UTVs back in the day to UAE. We would buy them, drive them up and down the street mark them as used and ship them to the buyer.

 

[jetboatperformance]

FWIW this was literally a brand new "crate motor" 6.2 VVT LS deal I spose there are things to "fudge" on relative to that but the reality is one does not want to FAFO with customs or international laws when making a near 30K deal Even the wood and pallets require certifications and are subject to rules and laws Italy even required an Apostille (complicated form of a notorized statement of Facts) Better for the experience and learning . When I shipped a 17 foot jet to Cameroon SA a few years back their consulate rep who sounded like Edi Ameen started yelling at me about if this "boat" was equipped with "machine guns" Fun times

 

[Toolman]

A Corvette imported into Thailand gets hit with a 300% tariff.

 

[jetboatperformance]

YAY my Engine is in Trieste

 

[HST4ME]

used to have a rotation on 2.5 stuff back and forth to europe. what a pain in the ass.