Question: Based on the following notice, for an American citizen on a 2-day tour of Canada, how much tax does he have to pay on $ 1.600 US worth of purchases when returning to the US? Is the answer $24 US?
BORDER CROSSINGS
While there are no restrictions on the amount of money that you can bring across the border, you must report to both the US and Canadian border services amounts equal to or greater than $10.000. PERSONAL EXEMPTIONS(??)ON PURCHASES AMERICANS RETURNING TO THE US Less than 48 hours: $ 200 US 48 hours or more: $ 800 US duty-free personal exemption. Next $ 1.000 US at 3% Including up to 100 cigars and 100 cigarettes.
Top answer
wangqh2696122 Is the answer $24 US? That's the answer I got, too.
— Blue Jay
wangqh2696122 Is the answer $24 US?
That's the answer I got, too.
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