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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
18 January 2024, 04:40 AM
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#1 |
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"TRF" Member
Join Date: Dec 2023
Location: Miami, FL
Posts: 19
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Arnold Schwarzenegger detained in munich for 'unregistered' Rolex
Apparently he had to pay a $10k import duties because the watch he brought with him was to be be auctionned in Austria.
https://www.tmz.com/2024/01/17/arnol...h-atm-tax-law/ |
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18 January 2024, 04:42 AM
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#2 |
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,374
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Is this story for real? It is TMZ after all
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18 January 2024, 04:54 AM
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#3 | |
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"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,443
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Quote:
__________________
 ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder 
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18 January 2024, 05:12 AM
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#4 |
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"TRF" Member
Join Date: Mar 2023
Location: Dystopia
Posts: 68
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This actually happened and is being reported by numerous sources. However, the watch is an AP, not a Rolex.
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18 January 2024, 05:14 AM
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#5 |
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"TRF" Member
Join Date: Feb 2017
Location: SoCal
Watch: out! I'm coming.
Posts: 199
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It's been picked up by CBS and some other mainstream outlets, so I believe it to be real. Also, I had started another thread relevant to this issue at https://www.rolexforums.com/showthread.php?t=931863. I am not really sure it turns on his consideration to, possibly, auction the watch. According to Swiss customs publications, it appears that Swiss law VAT is a real possibility for anything more than the exempt CHF 300 amount, regardless of whether you plan to leave with it and it is more of an accomodation to allow you to do so without paying, unless you fail to declare it. It appears to be a nightmare for those bringing even personal watches to Switzerland or, possibly, EU countries.
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18 January 2024, 05:15 AM
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#6 |
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"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
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Hope he doesn't start swinging from the rafters and throwing phone kiosks around..
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
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18 January 2024, 05:26 AM
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#7 | |
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"TRF" Member
Join Date: Dec 2023
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Quote:
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18 January 2024, 05:47 AM
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#8 |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: May 2011
Real Name: Larry
Location: San Diego, CA
Watch: ROLEX
Posts: 25,247
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Pay the fine and move on... He took a chance and if he didn't know, he should have.
__________________
 ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.  |
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18 January 2024, 05:56 AM
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#9 |
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 74,374
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Don’t these Hollywood types have people for things like this?
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18 January 2024, 06:30 AM
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#10 |
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"TRF" Member
Join Date: Sep 2009
Location: Canada
Posts: 4,002
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He brought it into the country to donate it at a charity auction. As the saying goes no good deed goes unpunished. And this is the result, Arnold Schwarzenegger will face criminal tax proceedings after failing to declare an item upon arrival to Germany, a Munich Customs press officer told CNN Wednesday. Talk about an overreaction by customs. The upside is they just gave him and the charity hundreds of millions of dollars of free publicity. News networks across the world are reporting it.
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18 January 2024, 06:38 AM
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#11 |
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2024 Pledge Member
Join Date: Jan 2018
Location: Florida
Watch: Sub, DJ41, GMT
Posts: 7,255
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Why didn’t he take off his head and throw it at them?
 Sent from my iPhone using Tapatalk |
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18 January 2024, 07:51 AM
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#12 |
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"TRF" Member
Join Date: Jul 2023
Location: USA
Posts: 120
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Arnold Schwarzenegger busted by customs in Germany with his AP
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18 January 2024, 08:14 AM
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#13 |
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2024 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,708
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Arnold is a big AP guy.
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18 January 2024, 08:16 AM
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#14 | |
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2024 Pledge Member
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Real Name: Steven
Location: Glocal
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Quote:
 
__________________
__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
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18 January 2024, 08:19 AM
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#15 | |
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"TRF" Member
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Location: Asia
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Quote:
TMZ is the most reliable news source in the United States right now. Sent from my iPhone using Tapatalk
__________________
116500 Daytona White Dial 126710BLNR GMT II 126719BLRO Blue Dial Pepsi GMT II |
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18 January 2024, 09:13 AM
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#16 | |
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"TRF" Member
Join Date: Nov 2018
Location: Europe
Posts: 3,267
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Quote:
So far Schwarzenegger apparently had to pay 10k import tax. The rate is 19% which means customs valued the AP at around 55k. The fine for not declaring the watch at Munich airport will come on top. It will be determined in court at a later date. Tax evasion in an amount of 10k typically results in a fine of 50 to 80 days worth of income. As a result the fine will likely be much much higher than the import tax. Former German footballer Rummenigge was fined 250k or 150 days worth of his income for not declaring two Rolexes valued at 90k at Munich airport on which he had to pay 17k of import tax. The Rolexes had been gifted to him in Qatar but import tax was due regardless. |
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18 January 2024, 09:43 AM
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#17 | |
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
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Watch: es make me smile
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Quote:
I never would have guessed. Sent from my iPhone using Tapatalk |
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18 January 2024, 10:12 AM
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#18 |
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TRF Moderator & 2024 DATE-JUST41 Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,158
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It's a non-story, story.
He tried to pay the duty at the airport but the credit card machines were broken and a second ATM didn't have a high enough limit, it took 3 hours to get a proper reader to the location to pay. His charity work goes on around the world and this is nothing new to them, just the non-working machines.
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(Chill ... It's just a watch Forum.....) NAWCC Member |
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18 January 2024, 10:15 AM
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#19 |
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2024 Pledge Member
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Real Name: Paul
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I'll be taxed!
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Ain't much of a crime, whacking a surly bartender |
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18 January 2024, 10:25 AM
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#20 |
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"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
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If the watch doesn’t sell, the taxes are returned to him?
Is this the pre crime tax unit?
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18 January 2024, 06:55 PM
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#21 | |
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"TRF" Member
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Quote:
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18 January 2024, 07:06 PM
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#22 |
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2024 ROLEX DATEJUST41 Pledge Member
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Real Name: Eddie
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Watch: A few.
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Care factor zero.
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E 
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18 January 2024, 08:13 PM
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#23 | |
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
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Quote:
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18 January 2024, 08:42 PM
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#24 |
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"TRF" Member
Join Date: May 2020
Real Name: Henry
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Those commies should have just let him get to the choppa!
Sorry. |
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18 January 2024, 09:10 PM
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#25 |
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2024 ROLEX DATEJUST41 Pledge Member
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Location: Mandeville La
Watch: 16610M
Posts: 10,520
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The watch was being donated and auctioned for some kid charity over there.. this seems like a shakedown to me …
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18 January 2024, 10:23 PM
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#26 | |
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"TRF" Member
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18 January 2024, 10:28 PM
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#27 | |||
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Mar 2010
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Quote:
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Appears to not be an exception for watches in transit for a charity. Same thing can happen anywhere if one doesn't follow the rules.... Quote:
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18 January 2024, 10:28 PM
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#28 | |
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"TRF" Member
Join Date: Dec 2017
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19 January 2024, 02:43 AM
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#29 | ||
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"TRF" Member
Join Date: Aug 2019
Real Name: Phillip
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Quote:
Quote:
In one of the articles listed in this thread it says: The spokesperson added: "If the goods remain in the EU, you have to pay tax and duty on them. That applies to everyone." So if I'm to interpret this properly, if the watch does not go to auction and Arnold brings it back to the US, then there is no tax or duty and thus no criminal proceedings?? Seems to be a bit over the top IMO. |
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19 January 2024, 02:45 AM
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#30 | |
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2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
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Quote:
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