singer design porsche in Canada ?
#1
Intermediate
Thread Starter
singer design porsche in Canada ?
Has any Singer Porsche made it into Canada ?
Any problems using a Canadian 964 as base, ship to singer and drive it back into Canada.
Any problems using a Canadian 964 as base, ship to singer and drive it back into Canada.
#2
Race Car
Does it get a new VIN? If not, then it's still technically a Porsche, and shouldn't have a problem. If however Singer gives it a new VIN, then they'd have to recognized by by transport Canada to be admissible. And a new VIN might mean it has to go through RIV.
#3
Rennlist Member
also technically if you do any work to your car in the US, you are supposed to pay duty on the entire car. Kind of silly but that is the legistlation that exists. so if you take a 50k car to the US and do 5k worth of work you are supposed to pay tax on 55k.
#5
Instructor
In some cases goods abroad are exempt from tarrifs and duties.
In most cases GST is all that is needed on the improvement.
http://www.cbsa-asfc.gc.ca/publicati...6-doc-eng.html
In most cases GST is all that is needed on the improvement.
http://www.cbsa-asfc.gc.ca/publicati...6-doc-eng.html
#6
Burning Brakes
Yes, if you put tires/wheels on a car in the US you can be charged duty/HST or GST on the entire value of the car if they wish. Only "emergency" repairs to get the car home are exempt. The only way around this is to get a permit (good luck with that) ahead of time to have work done. If you have tires/wheels done and don't declare it then if Customs finds out the car can become theirs to sell! CRA does have access to our credit card facilities so if you try it pay with cash in the US.
#7
Intermediate
Thread Starter
Doubt if the car will have a new VIN. Problem is if a Canadian 964 driven to USA for conversion and then bring it back to Canada will probably incur huge tax. If you just try to import not sure whether it will pass RIV inspection as car is heavily modified.
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#8
Instructor
Lots of interpretation going on here...
Verbatum:
Repairs or alterations to your vehicle/vessel/aircraft
If you intend to have repairs or alterations made to your vehicle/vessel/aircraft outside Canada, check with
the CBSA for information before you leave. Under customs legislation, the CBSA can no longer consider
your vehicle, vessel or aircraft to be Canadian-made if you increase its value, improve its condition or have
it modified outside Canada. As a result, you may have to pay duty and the goods and services tax (GST) or
harmonized sales tax (HST) on the entire value of the vehicle/vessel/aircraft when you bring it back.
Seems like "Increase it's value" is the phrase open to interpretation.
Again, don't **** off that border guard!
Verbatum:
Repairs or alterations to your vehicle/vessel/aircraft
If you intend to have repairs or alterations made to your vehicle/vessel/aircraft outside Canada, check with
the CBSA for information before you leave. Under customs legislation, the CBSA can no longer consider
your vehicle, vessel or aircraft to be Canadian-made if you increase its value, improve its condition or have
it modified outside Canada. As a result, you may have to pay duty and the goods and services tax (GST) or
harmonized sales tax (HST) on the entire value of the vehicle/vessel/aircraft when you bring it back.
Seems like "Increase it's value" is the phrase open to interpretation.
Again, don't **** off that border guard!
#9
Rennlist Member
Does RIV matter if it's more than 15 years old?
#11
Singer keeps the VIN number of the donor car. Given that the 964 is RIV exempt and the car can be considered a restoration, it would be easy to import. I looked into this when I started my restomod research
#13
It should be expected that you pay taxes and duty on the cost of any work and mods done outside of Canada (why wouldn't you?). If you're going to drop Singer-money on a 964, the only "extra" you'd be paying tax/duty on is the original value of the 964... The taxes on that ~$25k shouldn't make or break the decision to pull the trigger on a Singer
#14
Race Car
If the work is done in the US, can it not be brought back duty free under NAFTA? Can US made tires not also be brought back duty free under NAFTA? Also, trade a agreement with EU is apparently about to be signed. Would this not make German cars duty free? Don't know. Just askin'.
#15
If the work is done in the US, can it not be brought back duty free under NAFTA? Can US made tires not also be brought back duty free under NAFTA? Also, trade a agreement with EU is apparently about to be signed. Would this not make German cars duty free? Don't know. Just askin'.
Now, if you took a Canadian car across the border before you had the work done, you would pay duties only on the purchase price of the imported car. Then if you took the car back across the border after registering it and did the Singer restomod, you would only pay HST on the work performed by Singer. That would save about $10,000-$11,000. I agree with Me&You here. If you're spending Singer type money, then the duties really should be inconsequential.
I haven't seen any of the details about the EU free trade deal, but presumably if it goes through than the duties on EU made cars should disappear (or reduce them from the current percentage).