Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Is duty Paid on Shipping From England to USA concidered as a foreign tax deduction?

Highlighted
Level 3

My Client had a suit that he had purchased in England and had it mailed to USA.  He had to pay a duty on it over and above the shipping costs.  Is this duty considered a foreign tax deduction?

Thank you!

Labels (1)
0 Cheers
1 Solution

Accepted Solutions
Highlighted
Level 13

Also, Duty is more like a specific Fee. You might incur duty as well as sales tax, for example, and perhaps a broker's fee for import/export purposes.

The Foreign Tax part of income tax preparation has to do with source of income. Not consumption types of activities. Now, for Business duty, excise and sales and other fees or taxes, those might be part of the business financial reporting. But you describe a personal purchase; personal life is never a tax deduction.

*******************************
"Level Up" is a gaming function, not a real life function.

View solution in original post

4 Replies 4
Highlighted
Level 15

NO. It was not a tax on income. It is part of the cost of the  product purchased


ex-AllStar
Highlighted
Level 3

Thanks for your reply. 

0 Cheers
Highlighted
Level 13

Also, Duty is more like a specific Fee. You might incur duty as well as sales tax, for example, and perhaps a broker's fee for import/export purposes.

The Foreign Tax part of income tax preparation has to do with source of income. Not consumption types of activities. Now, for Business duty, excise and sales and other fees or taxes, those might be part of the business financial reporting. But you describe a personal purchase; personal life is never a tax deduction.

*******************************
"Level Up" is a gaming function, not a real life function.

View solution in original post

Highlighted
Level 3

Thank You, I appreciate your very complete answer!   

0 Cheers