Income tax on the gears shiped to foreign country


Hi Folks,

Do I need to report/pay the income tax on the gears shiped to foreign country?

It is an old machine and I am just a non-commercial individual.

Please provide the related infomration.
yu11375

Showing 1 response by bdgregory

Unless you are running a business - it's duty that needs to be paid in the receiving country and it's your buyer who must pay it, not income tax. The IRS is not involved in that transaction. If you are running a business the "income tax" if there is any is reported in the US and you have to pay it.