VICTORIA, BC, July 2, 2013 /CNW/ - Three young Canadian entrepreneurs
are pleased to announce the launch of Duty-Back Refund Solutions Inc.
(Duty-Back) to help Canadians get the tax refunds they are owed on
returned goods bought online from other countries.
Duty-Back is the only company of its kind in the world say the founders.
Richard Vining, Jessica Kerr and David Gustavson estimate Canadians are
not claiming some $240 million annually in duties they are entitled to
because the process is just too complicated.
Their company, Duty-Back will process the refund for you for a small
fee, payable only when you get your duty back.
"We conservatively estimate that we can help Canadians get back $126
million in duty rebates every year," said Richard Vining, Chief
Duty-Back's unique first offering at www.duty-back.com is an online system that helps those who paid Canadian duty fees for
importing goods into Canada get their duty and taxes back if they
returned those goods.
Duty-Back uses a simple online form to collect the client's information
and then submits a full refund application to the government, thus
saving the client time and effort.
"Fees are often less than you would spend to mail an application and
drive to the bank to deposit your refund," said David Gustavson,
Duty-Back.com is currently only available to customers who have paid Canadian duty
and sales tax but the company plans to offer the same service to
American, Australian and European customers by 2015.
The company is working on a more powerful integrated solution to make it
even easier for customers to get their duty back.
Duty-Back offers its services to urban and rural customers of internet
shopping, a phenomenon that is growing steadily each year. Duty-Back
helps consumers, retailers and governments by filling a vital gap in
the return process of international shopping in this age of the global
Image with caption: "One of a kind Duty-Back targets $126 million in unclaimed duty. (CNW Group/Duty-Back Refund Solutions Inc.)". Image available at: http://photos.newswire.ca/images/download/20130702_C4015_PHOTO_EN_28616.jpg
SOURCE: Duty-Back Refund Solutions Inc.
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