Need to clarify current taxes for a used boat, trailer and gear.

[zurk]

I'm not playing by the rules when the rules are ********.. why should I pay the government 8k to buy my neighbors boat.

welp i havent paid any taxes on my new boat if it makes you feel better.....and its totally legal.

 

[JohnS]

welp i havent paid any taxes on my new boat if it makes you feel better.....and its totally legal.

Can you explain?

 

[zurk]

no sales/luxury tax is due if you buy a boat outside canadian waters.
tax only applies to boats entering or leaving canadian waters.

 

[JohnS]

no sales/luxury tax is due if you buy a boat outside canadian waters.
tax only applies to boats entering or leaving canadian waters.

You don't plan on having your boat in Canada?

 

[brutus]

Just adding this to people who like playing stupid games, also talk to my insurance yesterday, so if you want to save the tax on a 30-100 k boat don’t bother insuring it, cause now your really waisting money

 

[zurk]

You don't plan on having your boat in Canada?

no never. its in europe currently and i'll shuttle it to the carribean this year until i get bored then i'll shuttle it back to europe.
i already have one i use for canada.

 

[Bill 310]

We just renewed our vessel registration it is now for 5 years ($90.00). It takes a bit of time because the instructions for renewal had been changed and were somewhat unclear. (I am being polite).

Now to help clarify things we registered our boat as a vessel , rather than just having a Pleasure Craft License

From: Transport Canada

Understand the differences between a pleasure craft, pleasure craft licence, and vessel registration. (my edit here to remove Pleasure Operator Card info)​

Pleasure craft​

A pleasure craft is a vessel that is used for pleasure, recreation, or daily living and doesn’t carry passengers. A "passenger" is a person who has paid a fee to be transported in a commercial vessel. A "guest" doesn’t need to pay a fee. Please read Pleasure Craft vs. Non Pleasure-Craft for more information.

Pleasure craft licence​

Any pleasure craft that is equipped, even temporarily, with one or more engines whose total power is at least 10 horsepower (7.5 kW) or more in Canada, must have a Pleasure Craft Licence before it can be operated unless it is registered in the Canadian Register of Vessels.

A pleasure craft licence is a document with a unique number displayed on both sides of the bow of a pleasure craft. The pleasure craft licence is like a licence plate on your car. This number allows police and search and rescue personnel to access important information in an emergency. You may be fined $250 if your pleasure craft does not have a valid licence or is not registered. The Pleasure Craft Licence is not proof of ownership, and is valid for 10 years. You can check the expiry date of your pleasure craft licence with your licence number.

Vessel registration​

You need to register your vessel if:

• you are going to use your vessel commercially and it’s powered by motors totalling 7.5 kW (10 horsepower) or more
• you plan to use your vessel outside of Canada
• you need a marine mortgage registered with Transport Canada
• you require a reserved name

When a vessel is registered it’s recorded in the Canadian Register of Vessels and it is assigned an official number.

We also receive a certificate that clearly states that my wife and I are the Registered Owners of our boat. i.e. we have legal proof of ownership. This was important to us.

At this time I can't see us running down to Seattle, and being able to reserve a boat's name for our exclusive use was nice it really means little, but having proof of ownership was the most compelling reason for us to go this route.

With the cost of boats today it still surprises me that folks don't want to have proof of ownership of their expensive boat. I think it is a matter of not knowing rather than not wanting to spend a little more money in fees.