Canada customs border tax question?
i’m planning on buying these set of speakers in a target store in michigan..i converted it to canadian currency and it amounts to .53 canadian…..i’ve heard that anything above 100 would be charged with tax/duty costs…i just wanna be sure, i know 93.53 is below 100, but i’m just worried ;cause that’s a bit close to a 100…..
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Depends on how much time you spend outside the country. Your personal exemptions can go from 50$ for a 24 to 48 hours absence to 750$ for 7 days or more.
Here is the official guide for residents of Canada returning home after travelling to a foreign country, it should help you.
http://www.cbsa-asfc.gc.ca/publications/pub/bsf5056-eng.html
Tax, maybe, but because of NAFTA, there will be no duty if the speakers are made in the US. If they come from elsewhere, then you will pay duty as well.