"New" Personal Exemptions for Residents Returning to Canada

So, for a person not to have to pay taxes and duty, they had to be under $50 for a 24 hour period.  That has gone up to $200.

Each person over 48 hours or more, the first $400 was exempt from taxes and duties.  That has gone up to $800.

You may still have to be careful.  If you are over for 24 hours and have $205 worth of goods, technically taxes and duties would be due on the full $205.  That is, if the old rule still applies.

For the 48 hour period, the first $800 is exempt, even if you have purchased more than $800.

coming June 2012

1 comment:

  1. Do you have a link to these new rules..thx


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