A friend wanted some limited edition anime figurines that are only being sold in Japan. Each one is about 10万. He's paying me the amount it costs and shipping and I would buy it for him and ship it to him, declaring the full price of the goods on the customs form and stuff.
Is there any legal or tax implication for this? I'm not making any profit, just doing it for a friend and the shipments will go with full declaration of value and details.
On the shipment form I've only seen gift or sale merchandise so I'm also not necessarily sure how best to classify it?
Thanks
by Tonythetigger