#10501952 - 10/29/23 11:15 AM
(Vehicle) luxury tax
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furball
Post Master Sr
Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
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Seems I was hiding under a rock and masked up for Covid …
But there was a Canadian luxury tax since 2021 on all vehicles about $100k
You pay taxes on base price plus any add ons or work done on new vehicles.
https://www.canada.ca/en/services/taxes/excise-taxes-duties-and-levies/luxury-tax.html
Yet I see some fb posts with “NO LUXURY TAX” or cars with 300km, sometimes less than 1000km on them.
What gives? Money laundering?
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