This has got me thinking, do we have an expert on tax and import here?
A few situations
a, I live in the EU, I go on holiday to the states buy a new daytona and bring it back on my wrist, on this i would have to pay import tax, happy
b, I live in the EU, I go on holiday to the states, i fly out with a gen double red on my wrist that has been in my family since 1969 (i wish) and i fly back with the same watch, i cant provide a receipt for the watch at the air port and the papers are in the safe what happens if you have a dick of a customs officer.
c, I live in the states and i fly to the EU for a GTG with a box of vintage rollys, i have no intention of selling any and i can prove ownership for them all and i am only stopping in the EU for 2 days, I am assuming here that i should go through the red channel and declare what i am carrying, but am i liable to pay import tax for something that i am not going to sell and will be leaving the EU 2 days later.
What are the rules, what proof of owner ship or age would be required?
I think i will make a separate thread for these questions