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- Example A dealership that is a registered vendor of subject vehicles sells a used subject vehicle priced above $100,000. The subject vehicle was previously registered with the province of Alberta. The luxury tax will not apply to this sale as the used subject vehicle has been previously registered with the Government of Alberta. - Source: Internet
- it is designed to travel with four or more wheels in contact with the ground Examples of subject vehicles include sedans, coupes, hatchbacks, convertibles, sport utility vehicles and light‑duty pickup trucks. Exclusions Subsection 2(1) excludes certain vehicles from the definition of subject vehicle. The following are not considered subject vehicles and will not be subject to the luxury tax: an ambulance - Source: Internet
- For all technical publications related to the Select Luxury Items Tax Act, go to Luxury tax technical information. For all enquiries on the application of the luxury tax, call 1‑866‑330‑3304. To request a ruling or interpretation related to the application of the luxury tax, write to: Excise and Specialty Tax Directorate - Source: Internet
- Example – Luxury tax on the sale of a subject vehicle A registered vendor of subject vehicles sells a subject vehicle to a purchaser. The selling price for the subject vehicle is $160,000 but the registered vendor applies a discount of $10,000 to the price. The subject vehicle is sold to the purchaser for a total consideration of $150,000, which consists of a trade-in valued at $50,000 and a cash payment of $100,000. Therefore, the taxable amount of the subject vehicle for calculating the luxury tax is $150,000. The luxury tax is equal to the lesser of: $15,000 ($150,000 × 10%) $10,000 [($150,000 − $100,000) × 20%] The luxury tax payable is $10,000. - Source: Internet
- Example A manufacturer that is a registered vendor of subject vehicles is selling subject vehicles priced above $100,000 to a dealership that is also a registered vendor of subject vehicles. The manufacturer could sell the subject vehicles to the dealership without the luxury tax applying at the time the sale is completed if the dealership provides an exemption certificate for this sale to the manufacturer. By providing an exemption certificate certifying that it is a registered vendor of subject vehicles, the dealership would be able to defer the application of the luxury tax by purchasing and holding its inventory of subject vehicles priced above the price threshold on a tax-free basis. - Source: Internet
- Exemption on sales of subject vehicles equipped for military or policing activities Under subsection 19(3), the luxury tax will not apply to sales of subject vehicles priced above the price threshold that are equipped for military activities if the purchaser is a military authority. Subsection 19(3) also provides that the luxury tax will not apply to sales of subject vehicles priced above the price threshold that are equipped for policing activities if the purchaser is a military authority or police authority. If the purchaser is not a military authority or a police authority (where applicable) but leases out these subject vehicles to a military authority or police authority (where applicable), the luxury tax will not apply if all of the following conditions are met: the purchaser and a military authority or a police authority (where applicable) enter into an agreement that is a lease, licence or similar arrangement at or before the time the sale is completed - Source: Internet
- Exemption on sales of previously registered subject vehicles In most cases, the luxury tax will not apply to sales of subject vehicles priced above the price threshold that have been previously registered with the Government of Canada or a province, as set out in subsection 19(2). However, the luxury tax will apply if the subject vehicle was registered only because of the sale and has never otherwise been registered with the Government of Canada or a province. A subject vehicle is considered registered with a government if it is registered with or licensed by that government for the purposes of permitting that subject vehicle to travel on public roads within the jurisdiction of that government. The luxury tax will also apply to sales of subject vehicles priced above the price threshold if a vendor is Her Majesty in right of Canada or a province, an agent of Her Majesty in right of Canada or a province, or an Indigenous governing body and the vendor imported the subject vehicle without the luxury tax applying. When the vendor later sells the subject vehicle to a purchaser, the purchaser will be liable for the luxury tax in accordance with subsection 18(2) even if the subject vehicle has been previously registered. - Source: Internet
- the subject vehicles have not been registered with the Government of Canada or a province before the time that the person ceases to be a registered vendor of subject vehicles The luxury tax will be payable by the person at the particular time it ceases to be a registered vendor of subject vehicles. Having improvements made to subject vehicles The luxury tax could apply when improvements are made to subject vehicles, as set out in sections 29 to 32. According to subsection 8(1), an improvement to a subject vehicle is the provision of either: tangible personal property that is installed in/on or affixed to the subject vehicle - Source: Internet
- any improvement that specially equips or adapts the subject vehicle with an auxiliary driving control to facilitate the operation of the subject vehicle by an individual with a disability General calculation of the luxury tax (except for improvements) Generally, the luxury tax is calculated using the taxable amount of the subject vehicle, in accordance with section 34. The luxury tax is equal to the lesser of 10% of the taxable amount of the subject vehicle and 20% of the amount above the price threshold. The luxury tax on the sale, importation, registration or lease of a subject vehicle priced or valued above the price threshold, or on subject vehicles valued above the price threshold held by a person ceasing to be a registered vendor of subject vehicles is calculated as the lesser of: - Source: Internet
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