JAlternatión
Junior Member
Posts • 1,269
Likes • 965
December 2011
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Buying from NYC gallery from UK, by JAlternatión on Feb 24, 2021 14:38:24 GMT 1, Hey,
Does anyone know the tax situation with buying from a NYC gallery from the UK?
I believe that I would pay 5% VAT on Cost+Shipping, but would I also pay NYC sales tax?
The piece i'm looking at is $6k plus $500 shipping so could be quite expensive if paying taxes at both ends
Cheers, J
Hey,
Does anyone know the tax situation with buying from a NYC gallery from the UK?
I believe that I would pay 5% VAT on Cost+Shipping, but would I also pay NYC sales tax?
The piece i'm looking at is $6k plus $500 shipping so could be quite expensive if paying taxes at both ends
Cheers, J
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mlwells04
New Member
Posts • 180
Likes • 182
June 2015
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Buying from NYC gallery from UK, by mlwells04 on Feb 24, 2021 14:46:05 GMT 1, You shouldn't be paying NY taxes. However, I'd expect a 20% tax bill on arrival and you may have to fight to get the 15% back. Even when I label everything correctly and put the correct import codes my buyers have still gotten hit with a 20% VAT on arrival. I think things have changed a bit with import duties being paid by the sender but believe that may be on lower value items (someone correct me if I'm wrong). That's why Shepard Fairey stopped taking orders for the UK.
You shouldn't be paying NY taxes. However, I'd expect a 20% tax bill on arrival and you may have to fight to get the 15% back. Even when I label everything correctly and put the correct import codes my buyers have still gotten hit with a 20% VAT on arrival. I think things have changed a bit with import duties being paid by the sender but believe that may be on lower value items (someone correct me if I'm wrong). That's why Shepard Fairey stopped taking orders for the UK.
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Buying from NYC gallery from UK, by Sunny Garcia on Feb 24, 2021 14:59:42 GMT 1, No NY state tax as it’s shipping out of state.
No NY state tax as it’s shipping out of state.
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JAlternatión
Junior Member
Posts • 1,269
Likes • 965
December 2011
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Buying from NYC gallery from UK, by JAlternatión on Feb 24, 2021 18:39:37 GMT 1, Thanks both, really helpful.
Still gutted i can't just jump on a plane, have a weekend hanging in Brooklyn and bring it back... maybe next year!
Thanks both, really helpful.
Still gutted i can't just jump on a plane, have a weekend hanging in Brooklyn and bring it back... maybe next year!
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