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-   -   Why is their sales tax on used cars? (https://www.revscene.net/forums/showthread.php?t=707989)

underscore 03-08-2016 07:46 PM
Why is their sales tax on used cars?
 
Like the title says, I'm guessing there's supposed to be some legitimate reason for this but I can't think of what it is. To me the taxes were paid when the vehicle was purchased brand new, so it seems odd to pay more taxes when reselling.

fsy82 03-08-2016 07:49 PM
easy tax grab for the province..never going to change

BoostedBB6 03-08-2016 07:53 PM
Because ICBC.....its bullshit IMO. Like you said, the tax was paid on the car when new so no reason why it should be paid again.

Jmac 03-08-2016 07:54 PM
Quote:
Leveling the playing field

B.C.'s Finance Minister Mike de Jong says the reason the government is not rolling the tax on used vehicles sold privately back to pre-HST levels is to keep the tax in line with the 12 per cent tax on all new and used vehicles sold by dealers.

Before the HST was brought in July 2010, there was only a seven per cent PST on the sale of used vehicles by private sellers when the price of the vehicle was less than $55,000. All cars sold by dealers were taxed with an additional five per cent GST, for a total of 12 per cent sales tax.

"We made the decision to eliminate that differential and it really wasn't tied to whether we were in a HST or PST regime," said de Jong.
...

underscore 03-08-2016 08:18 PM
Quote:
Originally Posted by BoostedBB6 (Post 8735566)
Because ICBC.....its bullshit IMO. Like you said, the tax was paid on the car when new so no reason why it should be paid again.
Does ICBC have control over it, or the provincial/federal gov't?

noclue 03-08-2016 08:23 PM
tax grab
supported by the bc dealer association
Also luxury tax on any car new or used if it's over 55K

HST was good for BC

inv4zn 03-08-2016 08:26 PM
https://media.makeameme.org/created/...eir-ue4l3d.jpg

68style 03-08-2016 10:55 PM
I'm honestly surprised nobody with a lot of money and time on their hands hasn't fought this very topic. It's totally ridiculous that tax can be collected on a product an unlimited number of times during its life cycle.

Nevermind keeping it at 12% post-HST, they also essentially eliminated gifting except between direct family.

asian_XL 03-09-2016 04:49 AM
when you have lived in Asian (except Japan), you will ask yourself more, WHY THE HELL we have sales tax for every dollar spent.

GLOW 03-09-2016 08:31 AM
same reason why ICBC charges full choke on someone insuring more than 1 car...
https://memecrunch.com/meme/APPX/eas....jpg?w=400&c=1

underscore 03-09-2016 09:09 AM
Quote:
Originally Posted by inv4zn (Post 8735576)
NOOOOOOOOOO

http://i18.photobucket.com/albums/b1...psu9c81yj7.gif

Quote:
Originally Posted by 68style (Post 8735640)
I'm honestly surprised nobody with a lot of money and time on their hands hasn't fought this very topic. It's totally ridiculous that tax can be collected on a product an unlimited number of times during its life cycle.

Nevermind keeping it at 12% post-HST, they also essentially eliminated gifting except between direct family.
So am I, considering the amount of time people spend fighting useless crap it seems odd that nobody seems to care about paying 12% on a used product. I could maybe understand at a dealership, but for private sales? Hell no.

Timpo 03-09-2016 10:57 AM
Quote:
Originally Posted by BoostedBB6 (Post 8735566)
Because ICBC.....its bullshit IMO. Like you said, the tax was paid on the car when new so no reason why it should be paid again.
Charge tax multiple times on same product.

Happens in real estate too.

smoothie. 03-09-2016 11:07 AM
bike lanes aren't cheap.


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