Rolex purchase from Switzerland
Discussion
I am sure that some of you must have done similar. I have been tempted by a new Rolex in Switzerland. They will ship without local sales tax (8%) if exported directly from Switzerland (I could send to Italy or UK) and I will of course by responsible from import duty/tax. I could also collect in person as in Italy over the next week or so but if I collect I will have to pay the local sales tax.
Has anyone done this and then recovered the local sales tax on leaving Switzerland (which I would do within 24 hours). I will then of course have to declare the purchase in whichever country I decide to keep it but if I understand correctly that is a completely separate transaction from the reclaim of Swiss sales tax.
Anyone else recovered Swiss sales tax on a substantial purchase and then declared when entering the final country of residence.
The watch is substantially cheaper that I could buy in the UK even if I add UK duty and VAT.
Thanks
Has anyone done this and then recovered the local sales tax on leaving Switzerland (which I would do within 24 hours). I will then of course have to declare the purchase in whichever country I decide to keep it but if I understand correctly that is a completely separate transaction from the reclaim of Swiss sales tax.
Anyone else recovered Swiss sales tax on a substantial purchase and then declared when entering the final country of residence.
The watch is substantially cheaper that I could buy in the UK even if I add UK duty and VAT.
Thanks
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