Many imported goods are subject to import taxes such as GST which is levied on many imported goods pursuant to the Excise Tax Act at the rate of 5%. Many non-resident importers seem to have trouble with import taxes. A short outline of some of the key issues is set out below.
Source: millerthomson.com
Latest Posts in "Canada"
- New GST Voluntary Disclosure Guidelines: Major Changes to CRA’s VDP Now in Effect
- Navigating GST/HST on Domestic and International Freight Transportation Services in Canada
- Final 2025 GST/HST Credit Payments Released for Eligible Canadians on October 3
- Ensuring Compliance: Québec’s Uniform Fiscal Documentation and Reporting Requirements
- Navigating Canada’s Complex Sales Tax System: GST, HST, PST, and QST Explained