Returning to Canada with a car

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Chocolateaddict
Posts: 4
Joined: Sat Jun 09, 2007 3:33 pm

Returning to Canada with a car

Post by Chocolateaddict »

We moved down to the US and disposed of all our Canadian assets. We bought a car in the US. Now due to layoff, we will possibly move back.

I have read that if a person has been non-resident for a year and has a car that is more than six months old, they pay GST on the Cdn value over $10,000.

What happens if a person has been non-resident for less than a year? From the info I could find on CSBA site, a person has to pay export fees to export, pay import fees, GST, Excise tax and duty, and when they register and buy provincial insurance they have to pay PST. Does this not create a double taxation situation? We moved to the US with the intent of staying permanently or at the very least for a long time. We paid state taxes when the car was bought.

Also is the 6 month date based on the date the car is brought up? the date that other belongings are moved?
nelsona
Posts: 18675
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

All information you need is found here:

http://www.cbsa-asfc.gc.ca/travel/former-e.html

Remember too, that yopu must formally export your car at US customs, as well as import it into canada.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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