Is your business prepared for CARM and its upcoming changes?
March 10, 2022 Update: Phase 2 of CARM is being delayed until at least January 2023.
By spring 2022, every import-reliant business in Canada is expected to be registered and ready for the Canada Border Services Agency’s Assessment and Revenue Management (CARM) initiative or faced with negative consequences impacting their import processes. Is your business prepared for CARM and its upcoming changes? Are you familiar with the tax and duties reporting, compliance, and the digital tools?
In our CARM webinar, BDO Canada’s Customs and International Trade Services team explained the changes of CARM, provided actionable steps you can take to prepare for CARM, outlined potential issues in complying with the new requirements, and are available to support ongoing reporting and compliance with the CBSA.
Our CARM webinar presenters:
BDO Tax leaders are here to help. Should you have any questions regarding any of these topics, contact us today