Do you have to pay Ontario PST................
.............................if you buy a new vehicle from a dealer in another province and licence the car here in Ontario????
Let's just say this vehicle is new and is a canadian model but you are just buying it from a dealer in another provice (ex. Alberta where there's no PST), when you bring it into Ontario to licence it do you have to pay Ontario PST or can you just licence it like you purchased the car here???? Tony |
If you bought a car in Alberta that had never been registered in Ontario, you would have to pay the tax as soon as you register it - if it's a new car, tax on the full selling price, on a used car, the tax would be pro-rated depending on how old it was.
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What if it is registered first in Alberta then I "move" to Ontario with the car? Do I pay the tax then? I have an address connection in Alberta where I can register the car to before bringing it to Ontario.
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I agree with everything Stan just posted except one thing...
Ontario has its own valuation scale for vehicles. Say a rich buddy sold you a 2002 Vette for $15,000 and you then go to the MVO office with receipt in hand to register the vehicle in your name and pay the PST, they would look up their own valuation and charge the PST on their amount - likely about $25,000 vs what you paid !! |
Originally Posted by Cman01
(Post 1567418406)
What if it is registered first in Alberta then I "move" to Ontario with the car? Do I pay the tax then? I have an address connection in Alberta where I can register the car to before bringing it to Ontario.
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Originally Posted by Cman01
(Post 1567418406)
What if it is registered first in Alberta then I "move" to Ontario with the car? Do I pay the tax then? I have an address connection in Alberta where I can register the car to before bringing it to Ontario.
Sorry to say, but you cannot get away from paying the tax. |
Greetings Jon, nice to see you over here from GTAMC (I know, you've been here way before I joined this MB) :)
Tony |
On a new car you would pay the PST on the amount you paid. On a used vehicle you will pay the PST on either the wholesale value or bill of sale amount, whichever is more.
As for having the car 'registered' in Alberta first, when you go to transfer the ownership and get Ontario plates, they will look at your Ontario drivers license number and probably say 'nice try'. Also if you 'switch' your drivers license as well to an Alberta one, they'll probably look at how long ago you changed it and quickly figure out what you were trying to do. |
Originally Posted by Cman01
(Post 1567418406)
What if it is registered first in Alberta then I "move" to Ontario with the car? Do I pay the tax then? I have an address connection in Alberta where I can register the car to before bringing it to Ontario.
:cheers: |
Originally Posted by Cman01
(Post 1567418622)
Greetings Jon, nice to see you over here from GTAMC (I know, you've been here way before I joined this MB) :)
Tony Looking to bring over a Vette? |
Registering it in Ontario if it was never registered before, is subject to PST. The selling dealer will collect the GST there...
If it's registered to you at your address in another province, and you move here, there's no provincial tax due. I can't remember the time required though... I sell a lot of vehicles out of province, but only have to collect the GST....they pay their PST if applicable in their home province. It gets a little rickier in Quebec and futher east, where they have the haromized tax however... |
Originally Posted by Jon04CTSV
(Post 1567418748)
I knew I recognized that screen name from somewhere! :)
Looking to bring over a Vette? |
Originally Posted by 1BDRSK
(Post 1567418684)
On a new car you would pay the PST on the amount you paid. On a used vehicle you will pay the PST on either the wholesale value or bill of sale amount, whichever is more.
As for having the car 'registered' in Alberta first, when you go to transfer the ownership and get Ontario plates, they will look at your Ontario drivers license number and probably say 'nice try'. Also if you 'switch' your drivers license as well to an Alberta one, they'll probably look at how long ago you changed it and quickly figure out what you were trying to do. |
I bought mine in the states.
When I went in to get ontario plates they asked for my bill of sale and charged me pst on that alone - no other issues. Mabey there are other rules that people in other offices might get more anal about, but the point is - if you want ontario plates then will have to pay pst. |
Originally Posted by Cman01
(Post 1567418406)
What if it is registered first in Alberta then I "move" to Ontario with the car? Do I pay the tax then? I have an address connection in Alberta where I can register the car to before bringing it to Ontario.
I'm pretty sure that you'd have to hold both the license and the registration for 6 months or more. Canadian laws state that you can operate a motor vehicle registered in another jurisdiction up to a maximum of 3 consecutive months in a calendar year. Oct-Nov-Dec (New Year) Jan-Feb-Mar, Change Back. Chances are you're not driving your new Vette over the winter months, so you may not be running as much risk of getting pulled over and questioned about the the 3 month time frame, however, you'll only be investigated if there's a claim and someone smells something funny. (Store the car in Alberta for the first winter 6 moths??) but then that still leaves you with Ontario vehicles registered in "your name" (cough) wife's name? So the question will be how much is the tax you're going to pay, and how much is the hassle (and the trip) worth to you??? Unless you have business (or something) in Alberta to justify the unusual changes, you run the risk of having an improperly registered vehicle and as a result no insurance. Criminal might sound a little harsh, until you put it in the same sentence as tax evasion.... Doesn't sound worth it to me :) Sorry my friend, I'd pay the calculated taxes deemed appropriate. |
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