Canada:


Travellers – Paying duty and taxes
25 Apr

Travellers – Paying duty and taxes

Duty and Taxes What are duty and taxes? Duty is a tariff payable on a good imported to Canada. Rates of Duty are established by the Department of Finance Canada and can vary significantly from one trade agreement to another. No duty is payable on goods imported for personal use, if it is marked as…

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Import duty & taxes when importing into Canada
25 Apr

Import duty & taxes when importing into Canada

Overview Import duty and taxes are due when importing goods into Canada whether by a private individual or a commercial entity. The duty valuation method is FOB (Free on Board), which means that the import duty is calculated exclusively on the value of the imported goods.  In addition to duty, imports may be subject to…

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