REVscene - Vancouver Automotive Forum


Welcome to the REVscene Automotive Forum forums.

Registration is Free!You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! The banners on the left side and below do not show for registered users!

If you have any problems with the registration process or your account login, please contact contact us.


Go Back   REVscene Automotive Forum > Automotive Chat > Vancouver Off-Topic / Current Events

Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

Reply
 
Thread Tools
Old 03-16-2012, 02:19 PM   #26
I WANT MY 10 YEARS BACK FROM RS.net!
 
Join Date: Oct 2007
Location: Vancouver BC
Posts: 21,534
Thanked 9,208 Times in 3,747 Posts
Quote:
Originally Posted by MindBomber View Post
We pay taxes on anything used and sold through a business, I don't understand why everyone is so offended when the purchase happens to be a vehicle other than that the dollar amount is higher. Car parts, thrift stores, anything on consignment, antiques, often art, used textbooks, to an extent property; all are taxed.
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?
Advertisement
__________________
zenki S2000
chuki JB Escudo
kouki Roadster RF

BST feedback
twitchyzero is offline   Reply With Quote
This post thanked by:
Old 03-16-2012, 02:56 PM   #27
Glorious Gaming PC Master Race
 
Psykopathik's Avatar
 
Join Date: Oct 2001
Location: Coquitlam y0!
Posts: 21,239
Thanked 967 Times in 445 Posts
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.
__________________
My 100+ Buy and Sell feedback
Psykopathik is offline   Reply With Quote
This post thanked by:
This post FAILED by:
Old 03-16-2012, 05:49 PM   #28
SFICC-03*
 
Join Date: Mar 2002
Location: richmond
Posts: 7,608
Thanked 1,983 Times in 808 Posts
i doubt 16k to 12k will even raise an eyebrow
unit is offline   Reply With Quote
This post thanked by:
Old 03-16-2012, 05:59 PM   #29
Rs has made me the woman i am today!
 
Join Date: Oct 2004
Location: Richmond
Posts: 4,457
Thanked 2,259 Times in 439 Posts
My dad sold his old corolla to a family friend for a $1 and he had no troubles.
TheKingdom2000 is offline   Reply With Quote
Old 03-17-2012, 10:27 AM   #30
I don't get it
 
Join Date: Mar 2008
Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
i always sell my cars with a blank amount allowing the seller to input a number he/she feels comfortable.
suzuka84 is offline   Reply With Quote
Old 03-17-2012, 12:29 PM   #31
So I had to give him the three piece with the soda
 
GLOW's Avatar
 
Join Date: Aug 2006
Location: Vancouver
Posts: 9,014
Thanked 5,361 Times in 2,240 Posts
Quote:
Originally Posted by MindBomber View Post
We pay taxes on anything used and sold through a business, I don't understand why everyone is so offended when the purchase happens to be a vehicle other than that the dollar amount is higher. Car parts, thrift stores, anything on consignment, antiques, often art, used textbooks, to an extent property; all are taxed.
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?
__________________
Feedback
http://www.revscene.net/forums/showthread.php?t=611711

Quote:
Greenstoner
1 rat shit ruins the whole congee
originalhypa
You cannot live the life of a whore and expect a monument to your chastity
Quote:
[22-12, 08:51]mellomandidnt think and went in straight..scrapped like a bitch
[17-09, 12:07]FastAnna glowjob
[17-09, 12:08]FastAnna I like dat

GLOW is offline   Reply With Quote
Old 03-17-2012, 12:35 PM   #32
RS has made me the bitter person i am today!
 
Qmx323's Avatar
 
Join Date: Dec 2008
Location: Richmond
Posts: 4,576
Thanked 2,307 Times in 742 Posts
I claimed my 240sx sold as 700, guy thought it shoulda claimed as less
Qmx323 is offline   Reply With Quote
Old 03-17-2012, 02:04 PM   #33
My AFC gave me an ABS CEL code of LOL while at WOT!
 
Join Date: Dec 2003
Location: burnaby
Posts: 1,871
Thanked 471 Times in 151 Posts
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
Hot Karl is offline   Reply With Quote
This post thanked by:
Old 03-17-2012, 03:42 PM   #34
Wanna have a threesome?
 
MindBomber's Avatar
 
Join Date: Oct 2010
Location: Squamish
Posts: 4,889
Thanked 5,054 Times in 1,657 Posts
Quote:
Originally Posted by GLOW View Post
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?
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...

Quote:
Originally Posted by Qmx323 View Post
I claimed my 240sx sold as 700, guy thought it shoulda claimed as less
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.

Last edited by MindBomber; 03-17-2012 at 04:24 PM.
MindBomber is offline   Reply With Quote
Old 03-17-2012, 04:21 PM   #35
I Will not Admit my Addiction to RS
 
Join Date: Apr 2010
Location: vancouver
Posts: 582
Thanked 171 Times in 59 Posts
I've done this before. Just say buddy was your old friend or something an you by as a gift.
Posted via RS Mobile
elwell is offline   Reply With Quote
Old 03-17-2012, 09:53 PM   #36
I Will not Admit my Addiction to RS
 
Join Date: Jan 2006
Location: Vancouver
Posts: 576
Thanked 402 Times in 77 Posts
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
__________________
2002 Pontiac Trans Am
1999 Camaro Z28
1995 Camaro SOLD
1995 Nissan 240sx SOLD
2009 Saturn Astra
some_punk is offline   Reply With Quote
This post FAILED by:
Old 03-17-2012, 10:22 PM   #37
I'm invisible
 
Edison_Chen's Avatar
 
Join Date: Jun 2002
Location: 604 Vancouver
Posts: 4,437
Thanked 166 Times in 95 Posts
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.
__________________
REVscene.net
Edison_Chen is offline   Reply With Quote
Old 03-17-2012, 10:47 PM   #38
Need my Daily Fix of RS
 
Join Date: Jun 2002
Location: Abbotsford
Posts: 280
Thanked 49 Times in 36 Posts
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.
marksport is offline   Reply With Quote
Old 03-17-2012, 10:55 PM   #39
Rs has made me the woman i am today!
 
Jgresch's Avatar
 
Join Date: Mar 2010
Location: Maple Ridge
Posts: 4,465
Thanked 3,332 Times in 836 Posts
Quote:
Originally Posted by some_punk View Post
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
That is incorrect. What you paid or claimed to pay is irrelevant.
Posted via RS Mobile
Jgresch is offline   Reply With Quote
This post thanked by:
Old 03-18-2012, 07:07 PM   #40
I Will not Admit my Addiction to RS
 
Join Date: Jan 2006
Location: Vancouver
Posts: 576
Thanked 402 Times in 77 Posts
Quote:
Originally Posted by Jgresch View Post
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.
__________________
2002 Pontiac Trans Am
1999 Camaro Z28
1995 Camaro SOLD
1995 Nissan 240sx SOLD
2009 Saturn Astra
some_punk is offline   Reply With Quote
Old 03-18-2012, 07:17 PM   #41
I am Hook'd on RS
 
Join Date: Jul 2011
Location: South surrey
Posts: 67
Thanked 49 Times in 13 Posts
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
cooke24 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -8. The time now is 03:32 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net