| Author |
 Replies: 22 / Views: 3,949 |
|
New Member
Canada
22 Posts |
Hi! Everyone, Can we rent a mail box at a post office in USA to receive RCM shipment? So, we can save 13%GST. $56 per 6 months. Thx! |
|
|
|
New Member
United States
29 Posts |
Do you know shipping cost from RCM to USA is about $20 every time? |
|
Valued Member
Canada
196 Posts |
You also have to declare customs coming back.
|
|
Pillar of the Community
1007 Posts |
MC members get free shipping to USA
|
|
Rest in Peace
Canada
1360 Posts |
I was wondering that myself for the 1912-1914 coins. At minimum, that's $65 in taxes I could save on just one of them, as I bought a few, it would be a great savings - Across the river from me, SCC will 'receive' a package for me for $5 Add to that, it costs about $6 to cross the bridge and return. so, even 1 coin would save me over $50.
The question of course is what to declare on the way back. Do I declare the face value of the coins? The bullion value?...or the paid value? or nothing at all (cash less than $10,000 need not be declared) Who decides will determine if this is a viable option.
Edited by Dcadon
12/08/2012 1:54 pm
|
|
New Member
 Canada
22 Posts |
@Dcadon: Same here. I am MC member and trying to save GST for my 1912-1914 coins. Port Huren only 45min driving from my house.
|
|
Pillar of the Community
Canada
1528 Posts |
I am wondering the same as well. This also works with Dealers in U.S for free shipping or for dealers that not willing to ship to Canada.
|
|
Pillar of the Community
Canada
3690 Posts |
I'm pretty sure you have to declare the purchase value and would be liable for the HST (no duty) unless you are out of Canada for 48 hours and can include the purchase in the $800 limit.
edit to add: Of course, if you bought .999 silver or gold, it would not attract tax, though technically, it would be declarable and would count toward your purchase limits.
Edited by CC-Ottawa
12/08/2012 2:47 pm
|
|
Pillar of the Community
Canada
5324 Posts |
when you bring the coins back into Canada you will attract hst at ccr crossing, better off if you had a box in Alberta.
|
|
Pillar of the Community
1007 Posts |
What if you shipped them back to yourself from the states as a gift.
|
|
New Member
Canada
22 Posts |
Or ship the box and COA to Canada and put the coin to my wallet, say it's my lucky money.
|
|
Pillar of the Community
Canada
3690 Posts |
Quote:
What if you shipped them back to yourself from the states as a gift. you're required to declare items that you ship from the US to Canada. |
|
Pillar of the Community
Canada
1581 Posts |
Profits at the mint are given to the government.
Hence profits == tax.
This represents a staggering price to BV bargain compared to either mint offerings.
|
|
Valued Member
Canada
475 Posts |
Pay the taxes! It is the price we all pay to enjoy this wonderful country! That said I do like the idea of an Alberta address until we get rid of the H S T in BC on July 1 2013.
|
|
Pillar of the Community
Canada
3690 Posts |
 The thrust of the thread is tax evasion - an illegal activity. I'm all for tax avoidance but there is a very distinct and important difference between evasion and avoidance. |
|
Valued Member
Canada
110 Posts |
Isn't this simply "currency"? It was even once in circulation. When you come across a CBSA officer, you should be able to simply declare you bringing back money at the face value of the coin and should be able to legally avoid taxes. I don't know if this will work as I've never bothered to do so or have ever gotten anything shipped across the border....
|
| |
Replies: 22 / Views: 3,949 |
Posted 12/08/2012 1:09 pm
