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What are the taxes involved. As in, if I take 100k on an airplane, you declare it and have to pay a tax on it?
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Jan 25, 2016 09:44
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| # ¿ May 16, 2024 20:24 |
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My Rhythmic Crotch posted:If you're asking these kinds of questions, you prolly ought to have a tax specialist look at it. Basically if you haven't paid income tax on it already, it shouldn't matter how you repatriate the money, you should pay taxes on it when you bring it back. Fair. I may have read the sign wrong in the airport over in europe. There were yellow signs saying to declare cash. It does appear now that it is simply "prove you aren't Al Capone" rather than having to pay a duty on the inbound cash. Thought I would jump in on this as I was thinking of moving abroad and the swift fees seemed hefty. I think $50 + 3%
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Jan 27, 2016 12:37
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