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 p.1 #8 · Question for Canadian | |
I can't guarantee that the rules in Quebec are the same as in Ontario but since part of my business is importing I know the taxes here & how they are applied & how to avoid the PST if the item is for resale. There is no difference in what taxes are due whether you are importing it in person by car or plane or if you have it shipped to you. There is however your personal exemption which allows you to bring in goods, alcohol, and tobacco up to a specific value duty & tax free, and then on a big ticket item (if you have no other purchases ) that amount is deducted before the taxes are calculated. Using Ontario as an example and using simple numbers without knowing the current allowance it will go something like this.
Buy camera $4000 (Canadian equivalent after money paid is converted to Canadian dollars) Allowed personal exemption because you were travelling & have it with you DEDUCT $700. and now the figure of $3300 is subject to 5% GST and 8% PST
If it was shipped the full $4000 is taxed at those rates, plus there might be brokering fees depending on how it was shipped (which method, mail vs courier). Couriers charge for doing the necessary import paperwork, and GST is applied to the charge, plus some charge different fees based on how expensive the shippment is valued at.
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