CBSA Proposes Far-Reaching Changes to Canadian Customs Valuation Law

Profound changes to the Valuation for Duty Regulations are on the horizon. We previously alerted readers that the federal government of Canada had included a number of provisions in its 2021 budget that would impact international trade and customs regulation in Canada. Among these were changes to customs valuation law intended "to improve duty and tax collection by ensuring that goods are valued in a fair and consistent manner by all importers as a means to level the playing field between...
By: Bennett Jones LLP

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