AmbergrisCaye.com Home Forums Belize Life Living in Belize Taxes and Duties

This means Cost, Insurance, Freight. This is one method of calculating Import tax, they take the cost of the item, add the cost of the Insurance and Freight you have paid, then work out the Tax on that total. So you are basically paying Import Tax on the whole cost to you of getting the item to Belize and not just the cost or value of the item.