Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Transferring a large amount of money across borders
 
  • Locked thread
asur
Dec 28, 2012

The Biscuit posted:

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?

It may be country dependent, but carrying the money on the plane shouldn't cause any sort of additional tax. Customs requires that you declare cash over a certain amount, $10k in the US and I believe the EU is 10k in euros, to prevent the movement of cash that is sourced illegally and allow them to seize it if you don't declare it. When you fill out the customs form there should be a line on it to declare cash over the limit and then an additional form that you have to fill out.

* # ¿ Jan 25, 2016 10:14
  • Quote
Adbot
ADBOT LOVES YOU

# ¿ May 16, 2024 14:43
  • Quote
  • Locked thread
The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Transferring a large amount of money across borders