Sales tax on PMNA race cars Canada
03-13-2022 | 07:24 PM
#1
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Sales tax on PMNA race cars Canada
Please advise. What’s the sales tax on a PMNA race car that will be stored in (say) Toronto, ON? Is it HST of 13%? I read that race cars are exempt from the new luxury tax.
03-14-2022 | 10:00 PM
#2
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Joined: Jan 2012
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HST is applicable. Race cars are exempt from the luxury tax. However if you’re buying new you’ll also need to commit to racing in a series such as Porsche Carrera Cup.
Last edited by shizzle; 03-14-2022 at 10:03 PM.
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