cross-posted from: https://lemmy.zip/post/50962591
The Singapore Customs is investigating a case where a man entering Singapore did not declare that he was in possession of assorted Pokemon trading cards worth more than $30,000 in total.
cross-posted from: https://lemmy.zip/post/50962591
The Singapore Customs is investigating a case where a man entering Singapore did not declare that he was in possession of assorted Pokemon trading cards worth more than $30,000 in total.
Probably the wording in the article that seems to say exactly that?
The term goods isn’t specified, but could easily be interpreted to mean absolutely anything they want potentially.
Doesn’t apply to everything you possess and traveled to and from with, only that which you’ve bought overseas and brought home
That seems fairly standard with most countries having something similar. From the SG govt website,
I’m guessing this guy fell afoul of the ‘commercial purposes’ clause.
The word “new” makes this a very different rule.
I see what you’re saying, but this is one of those things that the news article author (not the law) probably didn’t notice because it just seems like such common knowledge. Used items are considered personal use items and would never be considered for taxing, only new items would be taxable.
Unless, of course, you’re carrying 30k worth of pokemon cards.
It’s also interesting that the set of cards is considered a single item, unless again the rules as cited are still too arbitrarily worded.
The govt site does not say anything about single items, only the generic term ‘goods’ is used
i haven’t looked closely, but i can see them applying the tax to the sum value of all goods brought in.