Canadian registration?

[magster65]

I have a boat I want to sell... I have a buyer. I have never registered it in my name though, I have my bill of sale and the registration. Do I have to register it in my name before I sell it? Can I just pass everything along to the 'new' guy? It's the same price basically but he wants to say he paid less for it to avoid the tax. When do you pay the tax? Here's the kicker, I bought it from a guy that worked for a truck dealership and it appears that the dealership actually owned it, not him. I think... wouldn't the dealer have to charge the tax? Does this mean there is GST and PST due on my original purchase? Sorry, I don't really know much about this topic at all. How do you register a boat anyways? HELP!!

 

[rickdb1boat]

Re: Canadian registration?

magster65 <br />Did'nt have time to read it all, but there appears to be alot of info on these sites. Hope this helps,<br /><br /> web page <br /><br /> web page 2

 

[magster65]

Re: Canadian registration?

Thanks rickdb1boat! Does anyone see something there I don't? When is the tax collected when purchasing from a business? I thought it was up to the seller to collect the tax if it's a business, am I wrong? If I am this would mean that I owe money to the.......

 

[rickdb1boat]

Re: Canadian registration?

Don't know about Canada, but where I'm at, I pay when I register and title the Boat,Motor or Both. The seller never pays any taxes when they sell it be it an Individual or Business.

 

[kdmiller8251]

Re: Canadian registration?

When I bought my car from a dealership I paid the sale taxes to them... I imagine it would be the same for a boat.<br /><br />Tallman

 

[Edson15]

Re: Canadian registration?

First thing I would do is go back to the place of purchase and find out exactly who owned the boat, and find out if the dealer was the owner. If the dealer was the owner find out if it was part of his business or personal items. If it was a business iten he should have collected the sales tax at point of sale. If it was a personal item he may have sold out with just a bill of sale, and thae you are responsible for paying the PST when registering. No GST when bought from a private individual. When it comes to the guy your selling it to, be very CAREFULl about a false bill of sale. It could come back and kick you in the behind. as to registering it call your local Canada Customs and revenue Agency and it is free of charge. The trailer will have to be registerd the same place you register your car. There is a licence fee for the trailer. This is the way it works in Ontario. I registered my boat with the CCRA by phoning them and having them send me the forms, i filled them out, sent them back and they sent me the registration with the number on it that must go the bow of the boat. Cover your steps and make sure you do everything above board, because dealing with Government legalities is no fun if not done right.

 

[Capn Mike]

Re: Canadian registration?

oh, the tangled webs we weave, when we practice to deceive......

 

[MJC]

Re: Canadian registration?

If you fail to register or put title in your name what happens when it gets stolen or damaged and you try to claim with you insurer? <br />Something to think about befroe it happens....................<br /> <br />good luck

 

[magster65]

Re: Canadian registration?

I'm ok on this deal. The previous owner had paid both taxes when he bought it but never registered it so there is no taxes due. It goes straight from the original owners (2 ago) name to the new fellas. As for insurance (or crossing the border), absolutely it must be registered but none of us have insured it (or crossed the border). Not the right way to do it but that's the way it went.