Hi everyone,
I just purchased a boat in Ontario Canada and will be importing the boat into Alexandria Bay, NY. I do have an import broker handling the paperwork for US customs.
I have a fair grasp on what I will be paying on the US side of this transaction, however, I have an open question about whether or not I will need to pay Canadian sales tax on the boat that I’ve purchased, or rather, how to avoid paying any sales tax in Canada.
I was told by the sales broker at the beginning of this process that I would have 30 days to import the boat into the US without incurring Canadian GST.
That being said, I have been told by others that the 30 day restriction is not true, indicating there was more time available to move the boat. hence why I am reaching out to this forum for some help.
Also, if the 30 day period is accurate, is there a way to have it extended as the boat I bought had some issues that had to be resolved first and I will not be able to make the 30 day window.
FWIW, I have reached back out to the sales broker for confirmation, but would feel so much better if I could also get input from people in this forum who may have gone through this process themselves.
Thank you so much for any help you may be able to provide!
Bill
I just purchased a boat in Ontario Canada and will be importing the boat into Alexandria Bay, NY. I do have an import broker handling the paperwork for US customs.
I have a fair grasp on what I will be paying on the US side of this transaction, however, I have an open question about whether or not I will need to pay Canadian sales tax on the boat that I’ve purchased, or rather, how to avoid paying any sales tax in Canada.
I was told by the sales broker at the beginning of this process that I would have 30 days to import the boat into the US without incurring Canadian GST.
That being said, I have been told by others that the 30 day restriction is not true, indicating there was more time available to move the boat. hence why I am reaching out to this forum for some help.
Also, if the 30 day period is accurate, is there a way to have it extended as the boat I bought had some issues that had to be resolved first and I will not be able to make the 30 day window.
FWIW, I have reached back out to the sales broker for confirmation, but would feel so much better if I could also get input from people in this forum who may have gone through this process themselves.
Thank you so much for any help you may be able to provide!
Bill