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"
- Alaska and Montana Consider Statewide Sales Tax Amid Fiscal Pressures and Revenue Diversification Needs
- British Columbia Expands PST to Professional Services in 2026 Budget, Effective October 1
- IMF Urges Canada to Reform Tax System for Growth and Economic Resilience
- British Columbia 2026 Budget Expands PST to Professional Services, Removes Select Exemptions
- Canadian Tax Court Clarifies GST/HST Rebate Eligibility for New Housing Purchases and Resale
