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

2084
Level 4

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!

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Accepted Solutions
qbteachmt
Level 15

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.

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George4Tacks
Level 15

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


Answers are easy. Questions are hard!
qbteachmt
Level 15

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.

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Don't yell at us; we're volunteers
2084
Level 4

Thank You, I appreciate your very complete answer!   

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2084
Level 4

Thanks for your reply. 

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qbteachmt
Level 15

@lisnesak  Is A Spammer and do not click the link in that topic. I will flag this as Spam to be removed.

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