PST & GST - SailNet Community

   Search Sailnet:

 forums  store  

Quick Menu
Boat Reviews  
Search SailNet 
Boat Search (new)

Shop the
SailNet Store
Anchor Locker
Boatbuilding & Repair
Hatches and Portlights
Interior And Galley
Marine Electronics
Other Items
Plumbing and Pumps
Sailing Hardware
Trailer & Watersports
Clearance Items

Advertise Here

Go Back   SailNet Community > On Board > Boat Review and Purchase Forum
 Not a Member? 

LinkBack Thread Tools
Old 02-13-2005
Junior Member
Join Date: Feb 2005
Posts: 12
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
amunk is on a distinguished road

My broker is telling me that when I purchase a Canadian Registerd Vessel in Ontario through a broker there is no GST or PST payable even if I decide to change the name. Is this true?
Reply With Quote Share with Facebook
Old 02-13-2005
Senior Member
Join Date: Sep 2002
Posts: 388
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 13
Johnrb is on a distinguished road

I suppose the answer is - it depends. If you are Canadian there is no escaping the dreaded G.S.T. (gouge and screw tax Ė actually Goods and Services Tax) if you are buying through a broker and if you are a resident of Ontario you will be hit for the provincial sales tax. Should you buy the boat directly from the seller without a broker there is no G.S.T. but you will still be liable for the provincial sales tax. If you are Canadian but from another province I am certain you will be hit for provincial sales tax and I assume it will be Ontario if the boat is purchased there.

If you are from the U.S. and buying the boat in Ontario through a broker (and the boat is being exported to the U.S.) I believe you have to pay the G.S.T. but you are eligible for a complete rebate from the Canadian government. Check the link below for further information and I would suggest also checking with the Canadian Revenue Agency. Iím not sure about the provincial sales tax if you are exporting the boat but I think, if there is proof the boat has been exported from Canada, the PST either will be rebated or non-payable. I would suggest checking with the Ontario Government about this Ė there is a link below to the Government of Ontario Ministry of Finance website. This is a home webpage so you will have to do a bit of hunting or make a telephone call.

Good luck.
John en_cnd/Travelling_to_Canada/Money_Tax-Rebates.pdf
Reply With Quote Share with Facebook

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools

Posting Rules
You may post new threads
You may post replies
You may post attachments
You may edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

All times are GMT -4. The time now is 10:45 AM.

Add to My Yahoo!         
Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
SEO by vBSEO 3.6.1
(c) LLC 2000-2012

The store is owned and operated by a company independent of the forum. You are now leaving the SailNet forum. Click OK to continue or Cancel to return to the SailNet forum.