SONY TV

*** 
Relevant Background: "Sony Group Corporation (ソニーグループ株式会社, Sonī, /ˈsoʊni/ SOH-nee), formerly known as Tokyo Tsushin Kogyo K.K. (東京通信工業株式会社, Tokyo Telecommunications Engineering Corporation) and Sony Corporation (ソニー株式会社), commonly known as Sony, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan.[6] The Sony Group comprises entities such as Sony Corporation, Sony Semiconductor Solutions, Sony Entertainment (including Sony Pictures and Sony Music Group), Sony Interactive Entertainment, Sony Financial Group, and others....Sony was established in 1946 as Tokyo Tsushin Kogyo by Masaru Ibuka and Akio Morita. This electronics company, known for creating products such as the transistor radio TR-55, the home video tape recorder CV-2000, the portable audio player Walkman, and the compact disc player CDP-101, embarked on diverse business ventures. In 1988, Sony acquired CBS Records, and in 1989, it acquired Columbia Pictures. The company also introduced the home video game console PlayStation. In Japan, Sony expanded into the financial sector. In 2021, Sony transformed into a holding company, handing over the name Sony Corporation to its subsidiary electronics company....Sony, with its 55 percent market share in the image sensor market, is the largest manufacturer of image sensors, the second largest camera manufacturer, and is among the semiconductor sales leaders.[7][8][9] It is the world's largest player in the premium TV market for a television of at least 55 inches (140 centimeters) with a price higher than $2,500 as well as second largest TV brand by market share and, as of 2020, the third largest television manufacturer in the world by annual sales figures..." (https://en.wikipedia.org/wiki/Sony)
**** 
Relevant Material on Import/Export: "U.S. goods and services trade with Canada totaled an estimated $908.9 billion in 2022. Exports were $427.7 billion; imports were $481.2 billion. The U.S. goods and services trade deficit with Canada was $53.5 billion in 2022.

U.S. goods exports to Canada in 2022 were $356.5 billion, up 15.1 percent ($46.8 billion) from 2021 and up 22 percent from 2012. U.S. goods imports from Canada totaled $436.6 billion in 2022, up 22.2 percent ($79.3 billion) from 2021, and up 35 percent from 2012. U.S. exports to Canada account for 17.3 percent of overall U.S. exports in 2022. The U.S. goods trade deficit with Canada was $80.1 billion in 2022, a 68.0 percent increase ($32.4 billion) over 2021.

U.S. exports of services to Canada were an estimated $71.3 billion in 2022, 24.8 percent ($14 billion) more than 2021, and 8 percent greater than 2012 levels. U.S. imports of services from Canada were an estimated $44.6 billion in 2022, 20.5 percent ($7.6 billion) more than 2021, and 39 percent greater than 2012 levels. Leading services exports from the U.S. to Canada were in the professional and management services, travel, and financial services sectors. The United States had a services trade surplus of an estimated $26.6 billion with Canada in 2022, up 32.9 percent from 2021..." (Link)

*** 

Relevant Material on Television Import/Export & Sales Tax: "Just as there are several states with no income taxes, there are also multiple states forgoing sales taxes. These states don’t impose state-level sales taxes, meaning you won’t be assessed an additional fee when purchasing a retail good or service. This can make a huge difference in how much you pay for retail items, since rates can range as high as 7.25% in California, according to research from Tax Foundation. The following five states currently have no statewide sales tax: Alaska, Delaware, Montana, New Hampshire and Oregon. We take a closer look at those states in this guide..." (Link)

*** 

Relevant Material: "After a brief survey, I wasn’t surprised that there’s a sharp price disparity between the US and Canadian prices. Take the popular Sharp – AQUOS 52″ 1080p Flat-Panel LCD HDTV for example, both BestBuy.com and BestBuy.ca have a special offer, one at US$1299, the other at CA$1,899. 46% price difference.

So it makes all the sense to shop in the US. Or is it?

Now how much duty or tax will you be charged? This may change the equation significantly. Here’s the list of taxes that you’ll have to pay when importing that big screen TV.

  • US state tax, depending on which state you purchase the TV. New Hampshire has 0% state tax, whereas Washington taxes 6.5%.
  • Duty of 5% (8528.72, covering high-definition, flat-screen, projection, CRT ), if the TV is not made in Mexico or US. One reader reported 7% being labeled as “luxury tax”. I cannot find reference on excise tax.
  • GST/PST on top of all above.

If you have stayed outside Canada over 48 hours, you can claim your personal exemption of $400 or $750.

One tip, many good brand TV, e.g. Panasonic 50″ Plasma T.V, are  made in Mexico. You can get away without paying the duty by choose those brands. When you cross the border, choose a senior-looking officers who would be more experienced in dealing with NAFTA and duty issues, and make less mistake in calculating the duty/tax.

Do your math, then you know whether it’s worthwhile.

Update Jan. 6 2010: A reader reported that the duty of an HD display TV is 3.5%,  assuming it’s made outside North America..." (Link)

*** 

Relevant Material: "You must declare:

  • purchased goods
  • gifts, prizes or awards
  • goods bought at a duty-free shop (Canadian or foreign) that are still in your possession
  • the value of any work, including repairs, done outside Canada on items that you are bringing back

You may need to pay duty and taxes on these items. When you shop outside Canada, use the duty and taxes estimator to help estimate the amount of duty and taxes you will need to pay when you return to Canada.

Based on the length of time you are outside Canada, you may qualify for a personal exemption that allows you to bring goods of a certain value into Canada without paying regular duty and taxes.

If you aren't sure if you should declare something, always declare it. Border services officers will help you identify your personal exemptions and if duties and taxes are owed.

Personal exemptions

Your eligibility for an exemption and the amount of goods you can bring back without paying any duty or taxes depend on the length of time you have been outside Canada.

In general, the goods you include in your personal exemption must be for your personal or household use. You do not need to pay duty on goods for personal use that are marked as made in Canada, the United States or Mexico.

Estimate duty and taxes

Personal exemptions mini-guide..If you fail to declare goods that you bring into Canada or make a false or incomplete declaration, the goods may be seized or you may be fined.

You may have the option to pay a fine to have some seized goods returned to you. Fines can range from 25% to 80% of the value of the seized goods."(Link)

 *** 

Relevant Material: Introducing Canada's TV listings guide - On TV Tonight Canada.

 

On TV Tonight's Canadian TV Guide and Canadian Streaming Guide are your guide to what's on television across Canada. Produced by eBroadcast, one of the World's leading TV guide resources, On TV Tonight covers every TV show broadcasting and streaming near you.

 

On TV Tonight features:

  • All Over The Air channels across Canada
  • All satellite channels across Canada
  • All cable channels across Canada
  • Search by Postal Code and find local listings instantly
  • Browse Canadian TV listings by city
  • Full descriptions for TV shows
  • An advanced search engine to search for TV shows based on specific keywords
  • Ability to hide or add channels
  • An 'On Now' feature to instantly highlight what's broadcasting right now
  • Watch TV on demand via streaming services such as Netflix Canada, Disney Plus.. (Link)
  • ***

Relevant Insurance Coverage for Business, Office & Gaming Equipment:

a) Personal Property Coverage that covers all electronics from perils like theft
b) Business equipment and Data Coverage, Business Liability Coverage
c) Commercial equipment coverage that covers computers, photo copiers and other electronics
d) Auto Insurance: OPCF 38 - Agreed limit for automobile Electronic Accessories and Equipment
e) Travel & Health
** 

Comments

Popular posts from this blog

IOS: PUK Code & PIN

Windows Disk Partition Tool

App: Too Good To Go