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Thursday, November 4, 2010

Taiwan Customs Makes Us Feel Like Duty

Ozsoapbox has a really great post about ordering bike parts from overseas. Sometimes they tax you and sometimes they don't.

I have blogged before on Giant's competitive advantage, and duties on foreign bike parts (manufactured in Taiwan) contribute to some of the disparity between local and foreign bike prices. In the case of Oz, the government is actually double dipping.

Later investigation revealed that cycling gear above $1000 TWD (a ridiculously stupidly low amount of about $30 AUD) attracted an ‘import duty tax’ of 5%...

...This itself wasn’t too bad but the government then double dips and applies a further ‘business tax’ which was another $420 TWD ($13.80 AUD) in taxes.

Combined, these two taxes brought my total import duty to nearly $826 TWD or $27 AUD, roughly 10% of the order cost.

Additionally, when calculating the import duty and business tax, the idiots at the customs office decided to include the cost of my shipping from Wiggle which was approx $1500 TWD alone ($48.87 AUD).

December 4-8 is Taichung Bike Week, for all you who want to look at bike stuff. I will be outdoors riding.


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