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Old 05-06-2012, 12:07 PM
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Max Weder
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Join Date: Apr 2009
Location: Vancouver BC
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Quote:
Originally Posted by atx840 View Post
Canadians have to pay an additional 5% on declared value (some provinces up to 15%)

A $7,500 win ends up costing $10,210.53 plus ship/ins. THAT IS 36% in fees.

The BL460 final winning price $7500 * 1.195% = $8,962.50 * 1.085% = $9,724.31 * 1.05% = $10,210.53
The only province in which a Canadian pays 5% on cards is Alberta. As Chris notes, in other provinces, the feds either collect the HST (up to 15%), the QST in Quebec (which is the only province to charge its tax on the value including the federal tax) or the provincial sales tax in Manitoba and Saskatchewan (PEI with Anne of Green Gables is soon to harmonize with the HST) (BC is going back to the PST instead of the HST--but don't get me started on an OT thread about the benefits of a value added tax!)

Max
*in his real life, dealing with tax and custom issues since 1985
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Last edited by baseballart; 05-06-2012 at 12:09 PM.
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