Taxes due on a used boat
- Thread starter big.griff
- Start date
scott craven
Well-Known Member
I would make your own receipt in the amount you paid and remit based on that.
It may sound unlawful , but so is charging you 3 times what you owe.
and it should be unlawful for them to charge tax every time it's sold.
It may sound unlawful , but so is charging you 3 times what you owe.
and it should be unlawful for them to charge tax every time it's sold.
So a Liberal Tax is a good tax and an NDP Tax is a Bad Tax. A Tax is a Tax any way you slice it its still a Tax.
Fish Assassin
Crew Member
I'll write you a gift receipt...... 
GLG
Well-Known Member
My understanding is you pay tax on the hull if it's an outboard.
When buying used break it out with separate bill's of sale and send in the one for the hull.
Something to do with one being and asset and the other an expense.
Fish Assassin
Crew Member
Hull had bad stringers and transom. I bought it for the power and trailer....Then later rebuilt the hull at a loss. Hull had no value at the time of sale. Would have cost money to dispose of.... Please send me money for saving the environment/landfill and creating something that in the future you will be able to collect tax's on....
Send them that.....
Send them that.....
bigbruce
Crew Member
If you say so.
big.griff
Active Member
I talked to the previous owner and he doesn't think he has a copy of the receipt. So I thought I would phone the Ministry of Finance at the number that was on my tax form. The guy that I talked to was actually quite helpful and says that it is a very common occurrence. He told me that the estimated value is a computer generated amount that is based on the length of the boat. He also said that they have had a back log and that is part of why it takes so long for them to get letters out. He informed me that they are not wanting to charge me more tax than I owe and they are just looking to get the tax on what I paid for the boat. They would like to see a bill of sale and he told me to do my best to find it, but if that is unavailable there is a couple different options. One being they can go on a blue book sort of value on the boat, which he told me the number for the boat in question and it was quite close to what I paid for it. Although I don't agree with the boat being taxed over and over again, I am happy that they seem to be fairly easy to deal with and understanding. One other thing is that they know who the registration was transferred from and to who, but do not have a copy or access to bill of sale that was submitted with registration.
Fishing Guide
Active Member
Cheers All ... several years ago I ordered a custom vessel and, in the course of the construction, paid
for all the build, options and taxes ... forwarded the receipts to my accountant and then went fishing ...
3 years later I received a letter asking for the taxes ... after several telephone conversations the matter
was resolved but one has to think that, with so many people out of work, hiring a few more to keep the
system functioning without a 3 year delay might be in order ... and lengthy delays certainly adds to the
confusion with the fading of memories, the moving of people and the misplacement of documents ....
for all the build, options and taxes ... forwarded the receipts to my accountant and then went fishing ...
3 years later I received a letter asking for the taxes ... after several telephone conversations the matter
was resolved but one has to think that, with so many people out of work, hiring a few more to keep the
system functioning without a 3 year delay might be in order ... and lengthy delays certainly adds to the
confusion with the fading of memories, the moving of people and the misplacement of documents ....
I bought my boat in 2009 and paid the tax at the time I registered the trailer. when they came calling a couple of months ago I could not find the original bill of sale but the ICBC trailer receipt and a copy of the boat insurance for that first year was enough to satisfy them. Might be an idea for you.
Hookin'up
Well-Known Member
could the reciept be stuck in the envelope with the new registration in the boats Glovebox??????????????
ziggy
Well-Known Member
I agree, in fact I believe they asked for prices of the boat, engine and other equipment, and I bought my boat locally. I don't think you can avoid taxes by breaking things down anymore. The form has a contact number on it, if you have questions you'd be best going right to the source. Lots of disinformation out there.
big.griff
Active Member
I sold the boat that they are trying to collect taxes on 6 months ago. Everything was cleaned out before it went.
Hookin'up
Well-Known Member
Now that does suck, paying tax on something you no longer own
GLG
Well-Known Member
Yup I agree when you bring it across the boarder it's a package and you will be dinged tax on the total. Same goes if you buy it from a local dealer. I'm saying that if you buy it here privately, break out the receipts and send in the one for the hull. Now things change so this might not work but I can tell you it has worked in the past. Best to check it out for yourself if your in the market for a used boat.
trophywife
Crew Member
bought mine used in tacoma,, paid all the taxes at the border. ouch
GLG
Well-Known Member
Here is something I didn't know...
http://www.sbr.gov.bc.ca/documents_library/bulletins/pst_108.pdf
http://www.sbr.gov.bc.ca/documents_library/bulletins/pst_108.pdf
