it makes sense to charge taxes (maybe only 1 taxes like the soon to be GST/PST days again) when the transaction is through a business/charitable foundation. But private sales? :fuckthatshit:

its doable, however now you posted your asking of a possible fraud question, ICBC now has your IP address and will scrutinize any sale you do as will Revanue Canada. Enjoy your Audi...er, Audit.

i doubt 16k to 12k will even raise an eyebrow

My dad sold his old corolla to a family friend for a $1 and he had no troubles.

i always sell my cars with a blank amount allowing the seller to input a number he/she feels comfortable.

forgive me if i'm wrong, but i thought on a previous thread you stated that you're of aboriginal descent. in this case aren't you exempt from taxes because of native status?

I claimed my 240sx sold as 700, guy thought it shoulda claimed as less :okay:

Common practice with lots of folks. Just keep your story straight and tell everyone who asks it was 12k. Even if u have a 16k withdrawal on your account just say the difference was for insurance etc

Lol at internet heros.
Posted via RS Mobile

It's a misconception that an aboriginal person with status is entirely exempt from paying taxes, in fact, there are only a few very specific things that qualify for exemption. For a vehicle to be tax exempt, it must be registered to an address on a reserve. The majority of native people do not live on reserves however, myself included, and therefore I do pay taxes on vehicle purchases.

It's a genuine question, because paying taxes on a vehicle purchase genuinely does not really bother me...

Of course, because that would benefit him as the buyer. It doesn't benefit you at all, so if you've already gone out of your way who gives a fuck.

I've done this before. Just say buddy was your old friend or something an you by as a gift.
Posted via RS Mobile

just let the seller know that he is taking a risk if he gets the car written off that ICBC would only give you the amount you declared. or if the seller wants it gifted to avoid taxes all together, tell them they will not be paid out by icbc

ICBC doesn't really get involved with the taxes regarding the transaction. Consumer Taxation Brach (CTB) are the people who get involved with taxing issue. CTB writes all the rules re: taxes, and ICBC just implements them in the system. The tax section gets sent to CTB and or Canada Revenue Agency (CRA).

Anything related to private sale (12% TDP) and or claiming tax exemption goes to CTB.
Anything that is related to HST (buying from dealer/companies) is referred to CRA.

I bought a car from the US a few years ago for $5000, the CBSA agent was giving me a hard time as the book value was like $16,000. Then he went out to look at the car and saw that the motor was in pieces and that the interior was completely trashed as if a chainsaw was thrown inside.

That is incorrect. What you paid or claimed to pay is irrelevant.
Posted via RS Mobile

that is what the insurance agent told me. only going by their word. cause the guy who bought my car wanted it gifted, and a year later the car got stolen and burnt to the ground, and he wanted me to tell icbc that he paid me this amount, but i just told icbc that it was given to him. and the guy didnt get paid out. at the time of sale the car was a junker 240sx and sold it real cheap.

The amount of cars being sold privately and by dealers everyday icbc cannot in now way prove you lied. You could of sold it to a friend for cheap, needed engine work, quick sale, needed cash. I have put down $5000 for cars worth 3 times as much. Relax you will be fine.
Posted via RS Mobile