Import Duties and VAT by Region

Looking into the import rates for ASIC units coming from China based on different countries/regions. Would love for you guys to chime in with any extra info or sources that could be useful for this. United States: 2.6% duty, 25% tariff Canada: 5% Extra charges vary by province for personal imports. Alberta: 0% British Columbia (BC): 7% Manitoba: 7% New-Brunswick: 10% Newfoundland and Labrador: 10% Northwest Territories: 0% Nova Scotia: 10% Nunavut: 0% Ontario: 8% Prince Edward Island (PEI): 10% Québec: 9.975% Saskatchewan: 6% Yukon: 0% EU VAT Austria: 20% Belgium: 21% Bulgaria: 20% Croatia: 25% Cyprus: 19% Czech Republic: 21% Denmark: 25% Estonia: 20% Finland: 24% France: 20% Germany: 19% Greece: 24% Hungary: 27% Ireland: 23% Italy: 22% Latvia: 21% Lithuania: 21% Luxembourg: 17% Malta: 18% Netherlands: 21% Poland: 23% Portugal: 23% Romania: 19% Slovak Republic: 20% Slovenia: 22% Spain: 21% Sweden: 25% United Kingdom: 20% Serbia 20% VAT Africa South Africa 15% VAT Vietnam: 10%

EU country VAT rates Austria   20 Belgium   21 Bulgaria   20 Croatia   25 Cyprus   19 Czech Republic   21 Denmark   25 Estonia   20 Finland   24 France   20 Germany   19 Greece   24 Hungary   27 Ireland   23 Italy   22 Latvia   21 Lithuania   21 Luxembourg   17 Malta   18 Netherlands   21 Poland   23 Portugal   23 Romania   20 Slovak Republic   20 Slovenia   22 Spain   21 Sweden   25 United Kingdom   20 Canada: Import duty 5%

Wow, biffa where did you compile this from?

I live in Europe, but mine in Canada and the US

South Africa...15%

Appreciated. Thank you as well.

Serbia has 20% VAT and you can always count on additional ~70$ for customs clearance

This data is 2 years old but is still pretty relevant since most did not change.

USA has changed to 27.6-37.6% if china made 27.6  if cuba or korea 37.6% and 2.6 % if mining gear is from other countries then the ones above and was always 2.6% if over 2500 and any old thing from anyplace. plus your state if it has sales tax wants a piece. in NJ it is around 7% on any import of any kind = some exceptions are clothes. any price any place.

All nice tax write offs!

Tazerz you state sales tax? Or are these duty import taxes?

Not true. It's 2.6% and Section 301 ruling still 25%. What minefarmbuy referenced previously that showed 35% was for goods from Cuba or North Korea.

changed it. Still  27.6%  plus 7% for NJ = 34.6%   a lot of coin to pay the government.

For Canada. The 5% is only the base rate and what is expected for a business or importing to a business, that is the GST {Goods and Services Tax}. Everyone has to pay this on import. A registered business is exempt from paying PST {Provincial sales tax} on the items they purchase for their business - that or they make a claim for reimbursement. So for any personal purchases you get hit much harder in most provinces, which varies by province. See below the additional % you can expect to pay for personal import of mining gear. Some of the provinces below use an HST tax system so I'm unsure how they go about handling this portion of taxation but I always assume the officials will get their dollars from you at some point. Alberta                                   0%    British Columbia (BC)                        7%    Manitoba                                   7% New-Brunswick                               10%    Newfoundland and Labrador       10%    Northwest Territories                        0%    Nova Scotia                               10%    Nunavut                                        0%    Ontario                                      8%    Prince Edward Island (PEI)              10%    Québec                               9.975%    Saskatchewan                            6%    Yukon                                       0%    My personal experience has always been that I pay a lump sum to whoever the carrier is before it leaves their warehouse for delivery. Better source: https://en.wikipedia.org/wiki/Sales_taxes_in_Canada

You guys can update this for Romania,it is 19% VAT rate,and NO additional duties. They wanted to do -1%, making it 18% for 2019 but that went out the window ,we`ll see what 2020 will bring. Can confirm this 100% Cheers

Confirmed, and already on list thank you.

Tho, you didn't add Serbia, you only added Siberia (which I am not sure if we have data on).

Typo, is corrected.

EU VAT you can usually claim back (or not pay) as a EU VAT registered company. Not that it helps miners with the power rates all over the EU...

Same here in Serbia, but not every miner has company under his name or wants to be connected to company. Also, there is a lot of laws that might make it harder for you to do that or even forbid you from doing that. In Serbia, miners are categorized as machines for gambling (even though they are not that per se). I imported 3 PSUs and 2 ASICs via my company and was able to claim back VAT (at end of the year) for 3 PSUs but I couldn't claim it back for ASICs and it made paperwork a hell of a mess that year. For individuals however, you cannot claim back or skip paying VAT in majority (or whole) EU and Europe even.