Thursday, 21 January 2016

Online Sales Exemption

Before the end of 2016, will the federal government officially announce that it plans to increase the duty-free exemption for products purchased online?
Yes: 20%

The federal government is said to be considering an increase in the duty-free exemption for items purchased online (see article here).  The article does not quote any specific sources in the government, although the Liberals supported a higher exemption when the Conservatives were in power.  The exemption in Canada has not been changed since 1985, and is much lower than most other comparable countries.  I think that the exemption will eventually be increased, but not necessarily in 2016.

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