Funadvice Logo
Post
More Finance, Jobs & Money Questions

How to reduce import taxes?

I have bought some machine from Canada.for my business. i heard it was possible (not sure if it work for everywhere, but i want to give it a shot) I’m also a student, which when a little bit tax reduction would help me out a lot.

I need a letter of some sort to ask my Ministry of Trade and Industry if its possible for them to reduce the import tax on my machine.

Does anyone know how to write this letter ? or how to ask ?

Become an Expert →
Answer #1

read this and tell me if its helpful, i don;t no that i completely understood you question but this seemed like it might help

http://funadvice.com/r/bind05feqrk

Answer #2

Just say you’re a student and wad just wanting to know if you could reduce the price . Simple and upfront .

Answer #3

I’m not sure how it works in Canada but you might get a deductible from taxes if the expenses cannot be avoided, but that’s how it works in the states, I’m not too sure about Canada. Just check with the taxing agency and they should be able to help you out.

More Like This
Ask an advisor one-on-one!
Advisor

Tax Services

Financial Services, Tax Preparation Services, Accounting Services

Advisor

10 Tax Services LLC

Tax Preparation Service, Accounting Firm, Financial Consultant

Advisor

Tax Savers Online

Finance, Tax Services, Online Services

Advisor

Tax Return Perth

Tax Services, Accounting, Financial Services

Advisor

The Nice Tax

Tax Preparation, Financial Consulting, Tax Planning