Canada’s Non-Resident Importer (NRI) program is a great way for U.S. companies to expand their business into Canada.
If you’re thinking of becoming an NRI, it’s a good idea to familiarize yourself with Canada’s tax system.
Here are a few of the key aspects of Canada’s tax system:
- A business number is required before you can begin importing into Canada
- Different provinces have different levels of sales tax
- Depending on your revenue, you may be required to register to collect taxes from your Canadian customers
To learn more about your tax responsibilities as an NRI, download our helpful guide, “Managing your tax responsibilities as an NRI” today!