[Jewelry making - Article 00025] - [Orchid] Canadian Taxes on Imports

[Kay Davis]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

It was said in reference to --> Canadian taxes:

>     There is no duty that applies to art objects, religious or
>     otherwise. But the government is very strict in its application of
>     Goods and Services Tax and Provincial Sales Tax. In Canada, they
>     are 7% and 8% respectively (combined to equal 15%) The only way to
>     get around that is for a synagogue/church to claim status as a
>     religious institution and even that only saves them the federal GST
>     but not the Provincial PST. 

    Basically True, But there are more loopholes and variances that you
    can shake a stick at. 

    For example if the Recipient is a Status Indian (In this context
    Indian = Canadian aboriginal) then there is no GST or PST charges 

    Reference Religious Institution being charged PST, it varies by
    province 

    If the Provincial tax rate varies by the Provence of Destination.
    Also within a month or so the Federal tax rate is being lowered from
    7% to 6%. 

    In addition (And it varies by Provence) if it is being shipped to a
    business and being cleared by a broker then the Provincial tax may be
    waved 

    So for the sake of Argument, here in Quebec where I live the current
    rate is Federal 7% on the value of the article PLUS Provincial 7.5% on
    the combined value of the article and the Federal sales tax (Yes tax
    on tax) Which gives an effective tax rate of 15% 

    So
    An article of 10 $CAN value entering Quebec would be taxed on
    + Federal tax of.70
    + Provincial tax of.80 cents
    Which gives an effective tax rate of 15%

    If I lived say in Alberta
    It would be.70 federal tax
    And no Sales tax (Alberta has no provincial general sales tax)
    Effective tax rate of 7%

    British Colombia and Saskatchewan
    + Federal tax of.70
    + Provincial tax of.70 cents (7% non compounded)
    Effective tax rate of 14%

    Other provinces vary and I don't have the numbers in front of me. 

    Hope this helps 

    Please don't generalize when discussing stuff like taxes, people do
    get into trouble all too easily. 

    Kay 

    PS Also on the subject of shipping cross border a place to watch out
    for is the "Customs clearing charges" they vary from Nil to a flat 5$
    by Canada post to rip off amounts like the time UPS billed me over
    50$ to clear a 35$ item. In my Personal opinion Post office, followed
    by Fed-Ex followed by DHL and only has a last resort UPS is the way
    to go when shipping into Canada, depending op speed and value /
    Insurance needs.
____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________