How can I avoid paying excessive duties and value added taxes for temporary exports?
ATA Carnets are “Merchandise Passports,” international customs documents that simplify customs procedures for the temporary importation of various types of goods and ease the temporary importation of commercial samples (CS), professional equipment (PE), and goods for exhibitions and fairs (EF). They facilitate international business by avoiding extensive customs procedures, eliminating payment of duties and value-added taxes (minimum 20% in Europe, 27% in China), and replacing the purchase of temporary import bonds.
