Well my broker informed me the GST was my responsibility. He did the
registration paperwork but did not do the tax. He suggested that many never
do end up paying the tax but I got the letter in the mail and had to submit
a bill-of-sale to verify selling price along with the required tax. I can't
recall the specifics of the letter but I think that they gave an amount that
the tax would be based on if I didn't provide proof of the purchase price
... and that amount was, in my case, considerably higher than what I had
actually paid.
-----Original Message-----
From: Hoyt, Mike via CnC-List
Sent: Friday, June 17, 2016 6:31 AM
To: cnc-list@cnc-list.com
Cc: Hoyt, Mike
Subject: Re: Stus-List Sales tax in Canada
A sale between private owners incurs tax in Nova Scotia and likely in the
rest of Canada. The only difference between the private sale and using a
broker is that the broker usually does this as part of the business
procedures vs the private sale where the buyer is supposed to remit it
(usually upon registration of the vessel). I know a large number of people
who never paid tax on their boats. Rumor has it that some marinas are being
visited by officials looking for boats that have not paid the sales tax ...
For me personally the last two boats were purchased in the US which required
tax to be paid when the boat crossed the border (by land) or the tax invoice
triggered by customs inspection (by sea)
Mike
Persistence
Halifax
-----Original Message-----
From: CnC-List [mailto:cnc-list-boun...@cnc-list.com] On Behalf Of Bill
Connon via CnC-List
Sent: Friday, June 17, 2016 9:59 AM
To: C&C List
Cc: Bill Connon
Subject: Stus-List Sales tax in Canada
We've been having a discussion at the marina over sales tax payable in
Canada. One thought is that a sale between two private owners incurs no tax
whereas a sale by a broker brings on PST and GST. Does anybody out there
have definite knowledge, especially where Quebec is involved? ( we still
operate under Napoleonic Civil law)
Bill
Caprice 1
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what we do, please help us pay for our costs by donating. All Contributions are
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