[Regina]

BartSimpson BartSimpson:

Regina Regina:

So if you come to Canada and buy $125,000 worth of goods you get to bring it home without paying duty?

Of course not.

But if I go to have repairs or service done to my vehicle those repairs or services are not taxable and not even the IRS tries to impose some bizarre form of property tax by taxing me on a subjective increase in value that is not actually realized unless I sell my vehicle.

Same with Canada. This issue has nothing to do with income tax and is only a duty on purchases made in the US minus the deductible allowed based on the length of time he spent in the US. If he flat out purchased a car he'd pay tax on it based on the invoice. He made a $137,000 purchase in the US and tried to bring it home duty free. Not only that but he could have had the same work done in Canada.

[BartSimpson]

Regina Regina:

Not only that but he could have had the same work done in Canada.

You sure about that? Because a number of states still allow auto shops to use lacquer paints and lead for body work and I doubt either of those are legal in Canada these days.

[Regina]

BartSimpson BartSimpson:

Regina Regina:

Not only that but he could have had the same work done in Canada.

You sure about that? Because a number of states still allow auto shops to use lacquer paints and lead for body work and I doubt either of those are legal in Canada these days.

Lacquer is no big deal here at all. Lead wouldn't be OME for that vintage car so not used. Even if it were, it's not a forbidden material to use and can be ordered from places like Eastwood, along with the lead free versions the industry has moved to. Doubtful there would be use for it considering they would just reskin the whole car with new panels from places like Classic Industries etc. I have to order some bits for mine if you need something.
https://www.classicindustries.com/nova/

[herbie]

andyt andyt:

He way increased the value of the car and was trying to import that value, has to pay duty on it.

Post your real name so in case you run for office I'll know...