Is there tax on boats in Ontario

Are you shopping for a new or used boat and you wonder how much tax you could owe? If you are buying or importing to/from Ontario - this next few minutes is for you. By the end of this video you should understand all the tax implications for buying a boat in Ontario, or purchasing from the province and taking it elsewhere, so you can keep that number in mind for your boat budgeting. Stick around to the end of the video when we provide a link to book a free one on one chat with our team to answer any tax questions you still have or another boating topic. In today’s video we will cover: 1. The basic tax rule. 1:33 2. The rate for boats in Ontario. 2:13 3. The effect of a trade on taxes. 2:24 4. Buying from a dealer and keeping the boat in Ontario. 2:59 5. Buying from a dealer and shipping it out of province. 3:25 6. Taxes when buying a boat privately. 4:04 _______________________ Boat Licensing in Ontario: ▶https://www.youtube.com/watch?v=IDD1S82KvUg&t=1s Here is a video playlist with other boat buying topics: ▶https://www.youtube.com/watch?v=mFrNuEVWg9M&list=PLiYTkMUynMp4QaGI_lo5ys2YL5YOxgeGM Book a call with our team to ask boating questions here! ▶https://app.hubspot.com/meetings/sean715?__hstc=58870066.d6a88c2efd87e7c2408c1edb209dccd1.1566589224649.1579031327844.1579039423434.358&__hssc=58870066.1.1579039423434&__hsfp=2724414874 Used Boat Buying Guide: ▶https://blog.lenscove.com/used-boat-buying-guide-resources-to-help-you-make-the-right-choices Check out our Boating Blog here: ▶https://blog.lenscove.com/blog ________________________ Connect with us! ▶https://lenscove.com ▶https://facebook.com/lenscove/ ▶https://twitter.com/lenscovem ▶https://instagram.com/lenscovem