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Re: Taxes and Duties [Re: ShadowCat] #431784
02/29/12 09:24 PM
02/29/12 09:24 PM
Joined: May 2011
Posts: 1,520
PACWest, SACSouth
Bear Offline
.
Bear  Offline
Originally Posted by ShadowCat
Just my ten cents worth smile


Yes lets see...so CIF that will be $0.10 cost + $1 insurance + $678 freight (airfare to get that $0.10 here) x 12.5% GST... yes ummm carry the 2 add five...aha!! = 763.98 dollars (USD at that)...to import that opinion ShadowCat...

Re: Taxes and Duties [Re: Bear] #431785
02/29/12 09:58 PM
02/29/12 09:58 PM
Joined: Nov 2011
Posts: 23
S
ShadowCat Offline
.
ShadowCat  Offline
S
Originally Posted by bear
Yes lets see...so CIF that will be $0.10 cost + $1 insurance + $678 freight (airfare to get that $0.10 here) x 12.5% GST... yes ummm carry the 2 add five...aha!! = 763.98 dollars (USD at that)...to import that opinion ShadowCat...


Hehe found myself giggling over that one. laugh

Last edited by ShadowCat; 02/29/12 09:59 PM.
Re: Taxes and Duties [Re: Bear] #431788
02/29/12 10:42 PM
02/29/12 10:42 PM
Joined: Dec 2011
Posts: 48
Texas
C
Colby Offline OP
.
Colby  Offline OP
C
Originally Posted by Bear
Originally Posted by ShadowCat
Just my ten cents worth smile


Yes lets see...so CIF that will be $0.10 cost + $1 insurance + $678 freight (airfare to get that $0.10 here) x 12.5% GST... yes ummm carry the 2 add five...aha!! = 763.98 dollars (USD at that)...to import that opinion ShadowCat...


So from the responses, it seems bringing a small internet business requiring importing/exporting of any any type of goods to Belize would be near impossible based on these duties. I really appreciate the insight.

Thanks,

C-

Re: Taxes and Duties [Re: Colby] #431795
03/01/12 12:14 AM
03/01/12 12:14 AM
Joined: May 2011
Posts: 1,520
PACWest, SACSouth
Bear Offline
.
Bear  Offline
Colby, Good luck & keep thinking!

Dear fellow you've seen the light,
made up your mind
but SHIPPING and FACTA,
you're sure to find,
two tropic topics guaranteed to [email protected]^KYA

Henry "Hank" Wordswad Bongfellow
"Affected Works on Death & Taxes"

wink

Re: Taxes and Duties [Re: Bear] #431796
03/01/12 12:40 AM
03/01/12 12:40 AM
Joined: Jul 2000
Posts: 1,925
inuvi
papashine Offline
.
papashine  Offline
smirk dude, good smoke or what?


Reality..What a concept!
Re: Taxes and Duties [Re: papashine] #431797
03/01/12 12:49 AM
03/01/12 12:49 AM
Joined: May 2011
Posts: 1,520
PACWest, SACSouth
Bear Offline
.
Bear  Offline
Originally Posted by papashine
smirk dude, good smoke or what?


Watching Rockie and Friends reruns with Bullwinke and Fractured Fairy tales. I'm afraid it's ummmm...childhood contagion all over again...

Re: Taxes and Duties [Re: Bear] #431798
03/01/12 12:52 AM
03/01/12 12:52 AM
Joined: Jul 2000
Posts: 1,925
inuvi
papashine Offline
.
papashine  Offline
wink


Reality..What a concept!
Re: Taxes and Duties [Re: Colby] #432081
03/04/12 07:59 AM
03/04/12 07:59 AM
Joined: Oct 2001
Posts: 6,224
San Pedro AC Belize
Diane Campbell Offline
.
Diane Campbell  Offline
To address one of the earlier questions about tech items - Computers do not have import duty. You do have to pay GST but not duty.

Many imported goods are available in Belize.
Imported goods on sale in Belize include - furniture, housewares, wine, food, building materials, computers, phones, clothes, vehicles ...... clearly it is not impossible to import goods at a price-point that makes commercial sense.


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