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Can you please explain how this works to me? I am flying to Paris tonight!So I got the YSL but in all black
Thank you all so much!! Although I was taken aback in the VAT return. All the websites I had seen said France was 20%. So I was banking on that. But it’s actually only 12%. Boo! Oh well.
So make sure when you go to shop at any stores that you bring your passport. Let them know you need a VAT form. Basically the price includes tax (so in the US the price of an item is $200 but you still have to add tax when you check out. Well in europe it’s $200 total including their tax) Because you are not a European citizen, you don’t have to pay their tax so you get a refund back. For France it’s 12%, so you’d get back $24. But only after submitting the form back at customs at the airport. So take 12% off any price you’re given and that’s what you will be paying. Also opt to pay in Euros on a credit card not USD as it will be cheaper. So for the YSL I was charged USD $1654.57 with the conversion rate for using a credit card that has no foreign transaction fee. Had I had actual euro dollars, I would have just paid 1550€ but i didn’t have that much cash. If I would have opted for USD pricing it would have been around USD $1784 ish.Can you please explain how this works to me? I am flying to Paris tonight!
Btw great choice on the bag. I am considering something similar.
Thanks. Do you know if there's a limit to this? Like I know if I order a handbag online from another country and it's under $800 I don't just any customs duties but if over $800 exemption then I do.So make sure when you go to shop at any stores that you bring your passport. Let them know you need a VAT form. Basically the price includes tax (so in the US the price of an item is $200 but you still have to add tax when you check out. Well in europe it’s $200 total including their tax) Because you are not a European citizen, you don’t have to pay their tax so you get a refund back. For France it’s 12%, so you’d get back $24. But only after submitting the form back at customs at the airport. So take 12% off any price you’re given and that’s what you will be paying. Also opt to pay in Euros on a credit card not USD as it will be cheaper. So for the YSL I was charged USD $1654.57 with the conversion rate for using a credit card that has no foreign transaction fee. Had I had actual euro dollars, I would have just paid 1550€ but i didn’t have that much cash. If I would have opted for USD pricing it would have been around USD $1784 ish.
From what I understand, the $800 exemption comes into play when you come back to the States and have to declare your purchases at customs.Thanks. Do you know if there's a limit to this? Like I know if I order a handbag online from another country and it's under $800 I don't just any customs duties but if over $800 exemption then I do.