What is new about bonded warehouse sales?
A. Today, the Internet allows you to look for products at the best terms and conditions at online shops world-wide. Logistic and shipping services are offered at increasingly more competitive prices. This is creating the beginning of a global market. Currently, if you live in the USA, for example, you can purchase a taxed product at an online shop based in the UK. In this case, you would pay a higher price than should be expected for a product destined to be exported. In other words, you are paying a tax that should be paid in the US to the British government. If the value of the product exceeds the threshold for duty tax application, the product will additionally be subjected to taxation in the USA and, consequently, you will pay taxes twice, in two different countries. The BONDED WAREHOUSE solves this problem and is the future of international mail.
