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: Bringing cash into canada

J____
06-11-2010, 09:04 PM
Will they tax me if i bring over $10,000 in cash into canada? Declared of course, it would be fuking retarded if they do. Whats the limit of cash you can bring?
simsimi1004
06-11-2010, 09:15 PM
$10 000<no tax.

http://www.cbsa-asfc.gc.ca/publications/pub/bsf5052-eng.html
InvisibleSoul
06-11-2010, 10:20 PM
Will they tax me if i bring over $10,000 in cash into canada? Declared of course, it would be fuking retarded if they do. Whats the limit of cash you can bring?

There's no taxes or fees for bringing in any amount of cash. It's just subject to being investigated to make sure it's clean.
J____
06-11-2010, 10:36 PM
great. Subject to investigation? if i sell all my property oversea and bring in a million, how do they investigate? confiscate the money until they find out?

not that im bringing a million in cash on me, but just for example.
Fafine
06-11-2010, 10:50 PM
bring back 9999.99 LOL
yamahar6
06-12-2010, 12:04 AM
bring back 9999.99 LOL

you better pray they don't find a penny anywhere in your car:haha:
LiquidTurbo
06-12-2010, 12:09 AM
Do people actually bring that much cash across border?
liu13
06-12-2010, 12:31 AM
cant u just hide in shoe?
snowball
06-12-2010, 12:40 AM
great. Subject to investigation? if i sell all my property oversea and bring in a million, how do they investigate? confiscate the money until they .

yes.
J-Chow
06-12-2010, 02:40 AM
bring transactions, copies of receipts and any additional supportive documents (bank statemet) as proof that the currency was legit and not something that's a proceed of crime.
BaoXu
06-12-2010, 03:04 AM
just don't wear ed hardy or christian audiger when you're going through the border.

and fucking shave dammit.
Valour
06-12-2010, 11:21 AM
If u declare it border is ok. It generates fintrak report. They may choose to investigate later
Posted via RS Mobile (http://www.revscene.net/forums/announcement.php?a=228)
Cman333
06-12-2010, 12:36 PM
I brought 6K over once and got hassled to shit.

Nothing came of it. Expect to be hassled though.
Cman333
06-12-2010, 12:39 PM
great. Subject to investigation? if i sell all my property oversea and bring in a million, how do they investigate? confiscate the money until they find out?

not that im bringing a million in cash on me, but just for example.

Horrible example.

If you were legit doing a million dollar transaction there would be paperwork. Fact of the matter is basically no one deals with a million in direct cash for legal transactions. I've never witnessed anyone buying a house in cash. An expensive car maybe. Property? Unlikely.

If so, they would confiscate it until you prove its legit and you're not a terrorist.