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-   -   New tax rules on private, used car sales (https://www.revscene.net/forums/717483-new-tax-rules-private-used-car-sales.html)

68style 03-08-2022 12:29 AM

ICBC isn't responsible for PST on cars.................

mikemhg 03-08-2022 09:34 AM

Quote:

Originally Posted by 68style (Post 9057178)
ICBC isn't responsible for PST on cars.................

Then it's Trudeau's fault.

DVS8 03-08-2022 09:36 AM

Look closer at the BC government. Feds have nothing to do with PST.

inv4zn 03-08-2022 10:03 AM

Haha that $1000 the province gave everyone during the pandemic, did you honestly all think it wouldn't be made back through shit like this?

68style 03-08-2022 10:44 AM

Quote:

Originally Posted by DVS8 (Post 9057213)
Look closer at the BC government. Feds have nothing to do with PST.

He knows hahaha... he's just trucking around

68style 03-09-2022 06:57 AM

There we go… right up the alley of this thread, BC government wants to make FB collect PST data from marketplace sellers, etc

https://www2.gov.bc.ca/assets/gov/ta...oHcmUfY2FV1fTw

Teriyaki 03-09-2022 09:20 AM

Quote:

Originally Posted by 68style (Post 9057338)
There we go… right up the alley of this thread, BC government wants to make FB collect PST data from marketplace sellers, etc

https://www2.gov.bc.ca/assets/gov/ta...oHcmUfY2FV1fTw

What fresh hell is this? If i'm understanding it correctly it looks like they're looking to tax EVERYTHING you sell second-hand now? Yes, the initial scope is a flat $10,000 and above, but it's a very slippery slope from there. Shocked this isnt this being discussed, like everywhere?

68style 03-09-2022 09:26 AM

I see absolutely no way they can police this. eBay yes... but like, Facebook and others?

Great68 03-09-2022 09:54 AM

Quote:

Originally Posted by Teriyaki (Post 9057359)
What fresh hell is this? If i'm understanding it correctly it looks like they're looking to tax EVERYTHING you sell second-hand now? Yes, the initial scope is a flat $10,000 and above, but it's a very slippery slope from there. Shocked this isnt this being discussed, like everywhere?

I think the intent is to make people who sell online as a registered business, whether used or new charge PST. Not so much the casual joe blow selling their used shit.

It would bring them in line with brick and mortar retailers that have to charge PST even on used goods (IE pawn shops).

Not saying I agree with paying PST on used goods, but I understand it.

68style 03-09-2022 10:10 AM

I think there's definitely risk on eBay, like I collect model cars and some of them are expensive as hell and often they double or triple in value... last year I sold about 20 off and according to eBay I sold over $9,000USD worth of stuff.

eBay recently converted over to a model where they control the money, they don't allow you to take payment through Paypal anymore as a seller, I used to sell in USD and take payment in USD through Paypal and deposit to my USA based bank account in USD... but now they don't allow that, they forced everyone through personal information to only sell from the country they reside in and in that country's currency... so I still sell in USD, but eBay takes the payment in now and then will only send it to my Canadian bank account after they do a REALLY shitty currency conversion on it.

Ergo, they are basically keeping a record of how much money they send me and know everything about me including SIN, etc. eBay is already on board in the USA with charging state taxes, I'm sure they will have no problem implementing provincial based ones too.

At any rate, it would be quite easy for anyone selling even a portion of a collection off to eclipse that $10,000 mark and suddenly be in hot water.

Great68 03-09-2022 10:18 AM

Yeah if Ebay is keeping all that info on you, I would be pretty easy for the government to mark you.

Fucking sucks. Going to force people to go back to the old buy/sell days and do transactions in cash or bitcoin.

donk. 05-13-2023 03:53 PM

Got the uno reverse card, from a car transfer today

Sold my Sky, the buyer put down 15k as the purchase price.
The insurance agent said the blue book value was 6k, she then asked if we wanted to change the purchase price to 6k.
Buyer said yes, the refilled the form, good to go.

New owner saved a stack thanks to the agent :fuckyea:

The Producer 05-13-2023 08:12 PM

buyer got away with it. almost wish he got burned for being a dummy.

call your trusted agent before the deal. get the black book number.


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