How does transfer pricing impact importers in Canada?
Transfer pricing can be a vital strategic tool for companies that create goods or provide services in multiple countries. A multinational enterprise (MNE) that imports goods from a business group in another country to a related group in Canada can strategically plan the price of these intra-group transaction to.
Exporting guide for Canada – 10 essentials for exporters
Canadian exporters benefit from friendly trade relations with many nations. Exporting in Canada facilitates access to high-value markets across the world, including more than a trillion dollars worth of trade with the United States. Getting the exporting process right is a crucial part of profiting from Canada’s.
CARM Release 2 Postponed to October 2024
In a news release published on April 19, the Canada Border Services Agency (CBSA) announced that CARM Release 2 will be postponed to October 2024 for Canadian importers and other trade chain partners. However, CARM will still launch as scheduled on May 13 for internal CBSA employees.
Participating Government Agencies (PGAs) and the Single Window Initiative (SWI)
Some Canadian importers are surprised to discover that their goods must comply with regulations from multiple government agencies - in addition to the Canada Border Services Agency (CBSA). Failure to do so can create significant delays and additional costs.
Celebrating International Customs Day 2024: Facilitating global trade and security
Customs officials help to ensure the efficient movement of goods between nations, facilitating a key role in international trade. They also contribute to secure trade and are responsible for implementing and enforcing customs laws and regulations, collecting duties and taxes, and preventing the illegal movement of.
Upcoming Canada and U.S. tariff changes to watch for in 2024
Importers could see significant changes to tariffs made throughout 2024. Both the Canadian and U.S. governments appear ready to enact major shifts in the way tariffs and trade relations function in 2024 and beyond. As such, businesses could find themselves dealing with tariffs that impact their bottom line – for.
Canada Tariff Program Changes Could Impact Your Bottom Line - GPT and LDCT
The next year could see significant changes to Canada’s Customs Tariff rules, impacting importers’ bottom line. The General Preferential Tariff (GPT) and Least Developed Country Tariff (LDCT) will undergo a comprehensive review, which could result in increased tariffs for some products and other financial consequences.
6 reasons why your goods are held up at Customs
Goods getting stuck at Canadian Customs is one of the most frustrating delays that importers experience. Long delays can result in additional costs and unhappy customers.
How to reduce taxes and tariffs when importing goods repaired across the border
Some people experience unexpected fees when importing repaired goods across the Canadian border.
Quick guide to getting a Canadian food import licence
Canadian businesses import billions of dollars in food products annually, including more than 75% of the country’s fresh fruits and vegetables. It’s a vast market opportunity.
