TIP: Click on subject to list as thread! ANSI
echo: old_engine
to: Jack Yates
from: Alexander Bilan
date: 2003-01-08 19:11:32
subject: More bureaucracy

You where writing to Ben; 

 JY> Each year, they go to the Blue Book and ascertain the value of the
 JY> vehicle, then tax the vehicle at 40% of the value at the current
 JY> city/county millage rate, then sell the tag to the owner.  If I don't
 
 Boy, and they say we here in Canada are taxed up the wazoo...    
   
 Our plate costs are fixed rate depending on vehicle (ie, pasenger car/light
 duty truck, 3/4 ton, 1 ton, etc).  p.cars and light duty trucks are $174/2yrs
 (or 1yr for half that) (plus $37.50 if you need an emmisions test). 

 You pay taxes (8%) on purchase price, or book value, whichever is higher. If
 the car is over 20years old, just the purchase price becuase the book doesn't
 cover old cars.  
 If you buy from a dealer, you pay 7% and 8%, for a grand total of 15%.  
 (Buy anything here its 8%pst and 7%gst).  

 Alex.


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