Tax & Trade Blog

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CANADA-AUSTRALIA CUSTOMS PACT SIGNED

AUSTRALIA-CANADA'S LATEST PARTNER IN CUSTOMS MUTUAL ASSISTANCE AGREEMENT

Since 1979, Canada has been putting together a web of Customs Mutual Assistance Agreements (“CMAAs”) with a number of trading partners, including the US, Mexico, UK, EU, Israel, China, Korea, Chile, and Argentina.  Australia recently became the 15^th nation to agree to a CMAA with Canada, and we discuss below how these protocols allow Canada to tighten its enforcement on goods coming into Canada from foreign lands.

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ONTARIO FUEL TAXES: A MINEFIELD!

HIDDEN PITFALLS FOR FUEL DISTRIBUTORS IN CANADA

Companies in the business of importing or dealing in fuels in Canada quickly learn that the required registrations can be a maze of red tape.  Each province has its own playbook, and for Ontario in particular, the rules can be uniquely complicated.

What businesses need to know is that going at it alone comes with risks.

Some of the licensing statutes are downright antiquated and taking steps that may seem compliant can still open the door to other major exposures.