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Carrying more then 10k$?

884Thunder

Star Member
Apr 21, 2015
68
9
Hello,
I am currently on vacation in my home country, I am planning to bring back in Canada with me more then 10k$, I know that I have to declare to immigration at the airport what else should I be aware of? Do I have to report to CRA as well and pay tax on that amount? Do I have to full any kind of form and bring with me when I arrive at the airport?
Thanks
 

Hurlabrick

Champion Member
Sep 4, 2016
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575
Ottawa, ON
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11-04-2017
Hello,
I am currently on vacation in my home country, I am planning to bring back in Canada with me more then 10k$, I know that I have to declare to immigration at the airport what else should I be aware of? Do I have to report to CRA as well and pay tax on that amount? Do I have to full any kind of form and bring with me when I arrive at the airport?
Thanks
Nope. Just declare it on the appropriate question onnone of those annoying customs kiosk screens.
 

884Thunder

Star Member
Apr 21, 2015
68
9
Thanks guys,
How about CRA, do I have to report and pay some tax on amount over 10k Usd ?
I have bank statement that I withdrawed from my bank that amount.
 

Alex54321

Hero Member
Jul 28, 2017
513
127
USA
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AOR Received.
01-12-2017
Also just make sure that you include any foreign currency in the plus 10k total
Right. They will take you for the secondary inspection to fill this form. Last month in Toronto McPherson airport I just gave the officer the note with a list of my money, like amount of CAD, US, EURO, etc. and he figured out exchange rate and filled the form. I just signed it.
 

884Thunder

Star Member
Apr 21, 2015
68
9
Right. They will take you for the secondary inspection to fill this form. Last month in Toronto McPherson airport I just gave the officer the note with a list of my money, like amount of CAD, US, EURO, etc. and he figured out exchange rate and filled the form. I just signed it.
Was your totall amount over 10k CA?