Thread: trade in + paying tax
View Single Post
Old 04-05-2007, 12:20 AM   #19 (permalink)
truflip
Mad Destroyer
 
truflip's Avatar
 
Join Date: Dec 2006
Location: Ottawa, ON
Age: 22
Posts: 8,335
iTrader: 11 / 100%
the tax u pay is for the difference in the cost of two cars..
ur trade 10k,
car u want 15k,
u pay tax on 5k
in some locations
truflip is offline   Reply With Quote