A possible drawback of something like a 10k pc is the taxes involved. While it may not be an issue for someone in the US, it could be for others who aren't. For example, the UK has 20% vat for all imports/gifts above a certain value. That means if a person in the UK won, he/she would have to fork out 2k in taxes to receive such a pc. It's already painful enough for a poor working adult, it's going to be very awkward for young(children/teenagers) members to have to ask their parents for such a sum. Remember that all import duties/taxes are the winner's responsibility and CH isn't going to fudge the value because they are a proper business, you wouldn't want to get in trouble with the tax authorities anyway.
That's not to say that a 10k pc isn't an awesome prize but be aware and prepared for what you wish for.
Well put 😶
A possible drawback of something like a 10k pc is the taxes involved. While it may not be an issue for someone in the US, it could be for others who aren't. For example, the UK has 20% vat for all imports/gifts above a certain value. That means if a person in the UK won, he/she would have to fork out 2k in taxes to receive such a pc. It's already painful enough for a poor working adult, it's going to be very awkward for young(children/teenagers) members to have to ask their parents for such a sum. Remember that all import duties/taxes are the winner's responsibility and CH isn't going to fudge the value because they are a proper business, you wouldn't want to get in trouble with the tax authorities anyway.
That's not to say that a 10k pc isn't an awesome prize but be aware and prepared for what you wish for.
Agree this is unfortunate. One of the Steam Deck prizes had to go to India or somewhere in that area. It costs me *$700* to ship it and then it costs the other person *$700* to get it out of customs. But he went ahead and paid it as apparently they can't purchase Steam Decks in his country. But anyway, yes, the shipping and taxes/customs can be grueling on these high dollar prizes if the winner lives outside the U.S. This is why I offer a cash option to anyone that wins a large prize to avoid all those fees.
A possible drawback of something like a 10k pc is the taxes involved. While it may not be an issue for someone in the US, it could be for others who aren't. For example, the UK has 20% vat for all imports/gifts above a certain value. That means if a person in the UK won, he/she would have to fork out 2k in taxes to receive such a pc. It's already painful enough for a poor working adult, it's going to be very awkward for young(children/teenagers) members to have to ask their parents for such a sum. Remember that all import duties/taxes are the winner's responsibility and CH isn't going to fudge the value because they are a proper business, you wouldn't want to get in trouble with the tax authorities anyway.
That's not to say that a 10k pc isn't an awesome prize but be aware and prepared for what you wish for.
Agree this is unfortunate. One of the Steam Deck prizes had to go to India or somewhere in that area. It costs me *$700* to ship it and then it costs the other person *$700* to get it out of customs. But he went ahead and paid it as apparently they can't purchase Steam Decks in his country. But anyway, yes, the shipping and taxes/customs can be grueling on these high dollar prizes if the winner lives outside the U.S. This is why I offer a cash option to anyone that wins a large prize to avoid all those fees.
That is thoughtful of you, thank you for the flexibility. 🙂
Important Board Topics
Trending Topics