RE-Importing a 355 back to Belgium or EU Country | FerrariChat

RE-Importing a 355 back to Belgium or EU Country

Discussion in 'Holland/Belgium' started by drvee12, Jun 3, 2008.

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  1. drvee12

    drvee12 Rookie

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    Hello,

    I have a 97 F355 GTS that I purchased in Antwerp in 2001, imported to the US and registered in California. Is there any tax advantage or tax avoidance an EU buyer might recieve if this car was re-imported into Europe?

    Thanks!

    Steve
     
  2. greyboxer

    greyboxer F1 World Champ

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    There should be no tax to pay (unless local sales tax was reclaimed on export) but reregistering may be affected by any technical changes required for US registration ie does it still comply with EU rules
     
  3. drvee12

    drvee12 Rookie

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    Speedo changed to MPH, door reinforcements, headlights, cant think of any other changes that would effect regulations. I purchased from a Lease Company, any suggestions on how I determine if the local sales tax was refunded? Assuming it was not, would the car be eligible to import tax free to any EU country, or just Belgium?
     
  4. greyboxer

    greyboxer F1 World Champ

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    Headlights would need to be EU marked & also speedo kph for mainland EU - its unlikely tax would have been refunded but this could get flagged up at registration - should be eligible then for all EU states
     
  5. toto70_0

    toto70_0 F1 Rookie

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    2001 is to long ago the maximum time for reimport whithout paying taxes is 3 years, and also when the VAT was taken out of the price at that time you have a problem.now it is 10% +21% to get the car back to belgium. 10% is european taxes and 21% is the VAT.
     
  6. drvee12

    drvee12 Rookie

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    WOW, that is alot of taxes! I would imagine that even with weak Dollar / strong Euro, there would be no savings for a buyer to re-import this car, even at attractive price.
     
  7. Sway

    Sway Formula Junior

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    Welcome to our world :(
     

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