Very off topic but you guys are smart ;)

[Akula]

Hi all,

 

I've been scouring the internet for the answer to this question but no luck so far. My question is;

 

I live in Canada. If I order something online from the UK Where does the "sale" take place?

 

The transaction takes place in cyberspace but it must occur somewhere.

 

Would anyone know the answer?

[Drag80]

The trasaction will take place between your bank and the merchant and it will be reflected in your bank statement whether its debit or credit.

 

By the way amazon and ebay already in Canada, You should try to find same item in Canada. The shipping costs will be too much.

 

Financials transactions are usually very secure. Even a penny is accounted for. It has happened to me couple of times that My account was charged but the merchant did not recieve money. After a few days the amount comes back.

 

However, if the merchant is a fraud or scam, then thats another story. Only buy from reputed sites.

[VZ_342]

When I buy something, I pay sales tax in my home state (WA in USA). I don’t pay taxes from the seller’s location.

[Akula]

Thanks guys but I guess I wasn't very clear. What I'm asking is; Where does the exchange of money for goods take place? Does it happen in the UK or in Canada?

 

I'll give you an example;

 

If I live in Canada and I buy something NOT on amazon but from a UK based online retailer via my credit card. does the sale happen in Canada or the UK? meaning; IN WHICH country does the exchange of currency for goods or services happen?

 

My guess is that the sale takes place in the UK because the online currency needs to reach the seller before the seller commits to creating the order. I don't know international merchant law so that is my best guess.

[Drag80]

Sale will happen in UK. You will be charged exchange rate from Canadian $ to pound and exchange rate will be of their choice. I bought some thing from amazon UK and they charged me 7% higher exchange rate than market rate. But as that item wasnt available in my country and a relative was coming from UK so that was my only option.

 

While making the payment if they ask you your credit card currency, just choose US$. Otherwise u will be ripped off like me. :doh::music_whistling:

[Horns]

Thanks guys but I guess I wasn't very clear. What I'm asking is; Where does the exchange of money for goods take place? Does it happen in the UK or in Canada?

 

I'll give you an example;

 

If I live in Canada and I buy something NOT on amazon but from a UK based online retailer via my credit card. does the sale happen in Canada or the UK? meaning; IN WHICH country does the exchange of currency for goods or services happen?

 

My guess is that the sale takes place in the UK because the online currency needs to reach the seller before the seller commits to creating the order. I don't know international merchant law so that is my best guess.

 

My belief is that the sale occurs in the buyer's locale.

 

I'm no expert, but I think that the sale takes place in the buyers' location, as I believe the sale is subject to taxation and consumer law in the buyers' jurisdiction. If that is the case, I would guess it is because the sale is only complete and valid at the point the buyer is given the product, regardless of freighting issues. If the money reaches the merchant but the product is unavailable there is no sale, nor is taxation, warranty etc. applied, so I don't think that is the point where the sale takes place.

 

That said, if anyone else is sure of their answer please take that over mine.