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CARM explained: Everything you need to know for ecommerce| Decoding Cross-Border Ecommerce | Ep #7
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If you are confused or worried about CARM and its implications for ecommerce businesses selling into Canada, you are not alone. This week’s episode simplifies the Canadian Assessment and Revenue Management (CARM) system, an essential topic for any e-commerce business operating in or expanding into Canada. Join Clint Reid, Founder and CEO of Zonos, and Aaron Bezzant, Zonos’ Head of Global Trade Strategy, as they host a comprehensive discussion with Canadian brokerage experts Alan Dewar and Mackenzie West from GHY International—a leading authority in North American customs and trade compliance.
This episode will simplify CARM, highlighting its significance for import operations and the e-commerce sector. Discover who is affected by CARM, the steps they need to take to comply, the categories of businesses required to register, and those exempt. This episode will delve into crucial differences between business-to-business (B2B) and business-to-consumer (B2C) transactions, focusing on duties, taxes, the role of a Non-Resident Importer (NRI), and how brokers can make this process smoother for importers.
Zonos website:
https://www.zonos.com
Canada cross-border country guide:
https://zonos.com/docs/guides/country-guides/canada
6 things you need to know about CARM blog:
https://zonos.com/blog/six-things-about-canada-carm
What is Canada CARM and who does it affect?
https://zonos.com/blog/what-is-canada-carm
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