quote:
Originally posted by vetteman
Originally posted by JAC
Hi There
I bought a used boat and it already has a license number on the hull should I re license it. What happens if I just leave it as is? Also if I cross the border will they check the name license number? I know I have to pay pst if I change the license/
thanks
That brings up an interesting question.Liscencing the boat is done on a Federal level through Service Canada and it is free of charge.However,the PST is paid on a Provincial level.Does someone at Service Canada notify Service BC that a change of ownership has taken place and that PST is due.Usually,when it comes to government,the left hand doesn't know what the right hand is doing.My guess is that this would be doubly true when dealing with two different levels of government(Federal & Provincial).Can anyone answer this.
Dave
When you sell the boat and the next guy pays tax the prov/gov finds out. Don't think they catch on before. Here's why.
Got a boat that neaded a lot of work given to me. I registered it as the previous owner wanted it out of his name. The papers the Fed/gov got said the boat was taken away for salvage.(no $ changed hands). I fixed the boat up and sold it for cash. After the sale I got a letter from the prov/gov saying I never paid P.S.T. on the boat I just sold. (so they estimated I owed them $2500 in tax.) I told them to look at the papers the fed/gov had stating I obtained the boat for no money. They told me they had no way of obtaining that info as the two departments can not comunicate.? Anyway I got the guy I got the boat from to write a letter to the prov/gov stating what they should already have known. (all was good, they got off my back.)
P.S. The same numbers remained with the boat through all the owners. Now they are in the guys name I sold the boat to.(he also registered the boat, he also payed the tax). The numbers never changed.
I'm setting my priorities. I'm making time for fishing.