3 ms·
Anecdotally (there's probably the actual figure out there somewhere), less than 1% of all imported goods are flagged for a customs inspection. Duty is calculate
by mattas 3y ago
Anecdotally (there's probably the actual figure out there somewhere), less than 1% of all imported goods are flagged for a customs inspection. Duty is calculated and paid electronically by a licensed customs broker prior to the goods entering the country.
Type 86 filings are still necessary for di minimis shipments, so there isn't a material bureaucracy savings.
- sudosysgen 3y agoYes, I agree. However, anecdotally again, I've never bought anything past the de minimis threshold from China that was actually labelled properly at the correct price - the likelihood of it getting flagged is low enough that it's worth just eating the loss in that case. Given that, since it doesn't even make economic to inspect the packages even if you already knew they were mislabelled or misvalued, it's not clear to me that the taxpayer loses by increasing the de minimis threshold at least to a number where it would make sense. I'm thinking of the bureaucracy that the government incurs when they do decide to inspect and fine/confiscate, not the bureaucracy in the happy path, which as you've seen is very streamlined.
- creer 3y agoWhich is fine reasoning but rarely enters into the law or regulation. A lot of inspection power has to do with other "concerns" such as mislabelling (per se), trademark protection, counterfeits, forbidden items (for example radio bands), etc etc. "Economic sense" is long lost by then.