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      04-22-2021, 03:09 PM   #104
DecemberStorm
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Drives: G82 M4C
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some more information trickling out regarding the luxury tax.. looks like leases are included unfortunately

https://www.fasken.com/en/knowledge/...-budget-canada

Quote:
Upon purchase or lease, the seller or lessor would be responsible for remitting the full amount of the federal tax owing, regardless of whether the good was purchased outright, financed, or leased over a period of time.
now the next question is.. does the leasee pay the entire amount or does the leasing company be so generous and pro-rate between the lease holder's tax bill and whoever that buys the car afterwards..
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