Estimating Cross-Border Shopping Duty and Excise Taxes

by Craig Anthony

0 min read

You may have to pay import duty and excise taxes on the goods that you import into Canada that exceed your personal exemption. To figure out whether it is worthwhile to do some cross-border shopping and buy goods from the United States and other countries, you can estimate your taxes and duty ahead of time by using the Canada Border Services Agency’s duty and taxes estimator. You need to indicate your province of residence, the description of the product, the price you paid for it, and the place where it was made – which may be different from the country where you had purchased the product.

References & Resources

Related Articles

The Art of Upselling and Cross-Selling Your Way to Bigger Profits

Upselling and cross-selling are sales practices you can implement in selling your…

Read more

What is Excise Duty?

An excise duty is a tax charged on certain Canadian products, including…

Read more

How to Start a Personal Shopping Business in Canada

Imagine getting paid to browse a wide selection of products, following your…

Read more