2021 CCC Resolution: Improper Collection of Duties Negatively Impacts Canadian Retailers and Federal Tax Revenues

2021 CCC Resolution: Improper Collection of Duties Negatively Impacts Canadian Retailers and Federal Tax Revenues

Canadian importers/exporters are often required to pay tariffs to gain access to International markets. In some situations, importers/exporters are able to seek relief from paid tariffs through the submission of a drawback claim to the Canada Border Services Agency or a remission approval from the Ministry of Finance. Unfortunately, the claims process is a time and resource drain to companies without the necessary expertise and/or administrative staff to manage the requirements…