Re: US Tariff Ruling N297495 = 2.6% mandatory tariff on bitcoin mining hardware
⭐ Merited by suchmoon (4)
https://rulings.cbp.gov/ruling/N297495
The US Customs ruling for Bitcoin miners seems half-baked. They treat mining as though it is not a type of data-processing.
This HS code classification means that US based miners will have to pay a 2.6% tariff on any miners coming into the US from now on. Period.
Anyone know of anyone who is working to fight this? I'd love to connect.
The US Customs ruling for Bitcoin miners seems half-baked. They treat mining as though it is not a type of data-processing.
This HS code classification means that US based miners will have to pay a 2.6% tariff on any miners coming into the US from now on. Period.
Anyone know of anyone who is working to fight this? I'd love to connect.
Not exactly from now on. I just got served a notice of action today for miners I imported in November of 2017 that the now clarified classification will retroactively be applied to all of my imports and this could result in additional fees due.
Since the miners were more costly then the 2.6% is a going to be a lot more per miner.
