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Taxpayer Access Point Frequently Asked Questions TOP QUESTIONS .

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After determining the value of the used vehicle, Service Canada charges $32 for car ownership. The sales tax is 13% of RST in Ontario (with some exemptions), levied on the higher purchase price or the vehicle's wholesale value. It is paid by the buyer to the government and not to the seller.

The general PST rate on private vehicle sales and gifts of vehicles is 12%. However, the PST rate varies based on whether the vehicle is a passenger vehicle and the value of the vehicle. Vehicles that are: purchased at a private sale.

You must write down the name and address of the buyer, record the mileage, indicate the date of sale and sign the form. Be sure to keep the “plate” portion of the ownership for your own use. Additional notes include: Remove your license plates from the vehicle.

How are car sales taxed in BC? GSTPSTHST (Subtotal of GST + PST)5%7%12%

By gifting a car, the recipient of the vehicle can save a considerable amount of money. Additionally, there's no gift tax in Canada like there is in the United States. So when you gift a car to an eligible person in Ontario, you're truly giving it away for free.

What documents do I need? Death certificate (or copy) Will. Passport. Identification cards, such as a Social Insurance Number card, driver's licence or BC Services Card. Birth certificate. Letters of probate or administration. Vehicle ownership and registration. Property documents. Title/deed. Tax and lease information.

You will need to bring the following documents to a ServiceOntario centre: a completed Sworn Statement for a Family Gift of a Used Motor Vehicle in the Province of Ontario form. proof of Ontario vehicle insurance. your Ontario driver's licence.

The Form 11573 Sworn Statement for Family Gift of Used Vehicle is a declaration that sets out the circumstances of the ownership transfer. The Sworn Statement must be signed by the donor and the recipient and notarized by a notary public or commissioner for taking affidavits.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232