Boat as a gift...how to tackle paperwork?

Anything and everything related to boating, motors, and electronic equipment. Find out the answers to your questions here.
Post Reply
User avatar
Level4
Participant
Participant
Posts: 1
Joined: Tue Aug 05, 2008 5:38 pm
Location: Winchester

Boat as a gift...how to tackle paperwork?

Post by Level4 »

Hi all
I have just recieved an 18 ft. Lund from my brother-in-law as a gift. He works in NWT's and makes way too much money...anyway he gives me a boat while I am visiting him in Nova Scotia. I have never registered a boat before....how do I begin. How do I tackle the tax issue? The boat was registered and has numbers on the bow.
Thanks for any help.
Regards,
Level4
Wallyboss
Diamond Participant
Diamond Participant
Posts: 4823
Joined: Tue Jun 29, 2004 7:44 pm
Location: Carlsbad Springs

Post by Wallyboss »

If he gave it to you you might want to get a notarized paper before you leave down there.

The rest is pretty easy. Got to go to a Governement of Canada kiosk and get the boat transfered to your name. Then to the MTO office to get the trailer registered to your name. With a notarized piece of paper saying that you haven't paid anything for it you shouldn't have to pay any taxes. But if you don't have one of those you might have an issue getting away with not paying the taxes because they will ask for a receipt. You B-I-Law should have all the registration papers for the boat.
User avatar
Chevy Champagne
Gold Participant
Gold Participant
Posts: 1838
Joined: Sat Feb 16, 2008 8:00 am
Location: ottawa river

Post by Chevy Champagne »

dont have any advice but welcome to fish hawk
User avatar
beachburger
Gold Participant
Gold Participant
Posts: 1068
Joined: Mon Oct 09, 2006 8:48 pm
Location: Beachburg

Post by beachburger »

I don't think not paying for the boat means no Ont sales tax is payable unless it was a gift from an immediate relative, which it would be if it came from your sister. Perhaps a call to the Ont sales tax people is in order.
User avatar
orrsey
Silver Participant
Silver Participant
Posts: 844
Joined: Thu Oct 23, 2003 11:37 pm
Location: Lansdowne

Post by orrsey »

if you have a problem with the gift issue just have him write a reciept up for $1....pay your $0.08 and get your numbers and ownership and hit the water.... :D
User avatar
JRSuprstar
Bronze Participant
Bronze Participant
Posts: 268
Joined: Fri Jun 20, 2008 8:33 am
Location: Osgoode

Post by JRSuprstar »

Is there an update to this thread?
How did it work out for you, Level4?
Did you transfer the ownership yet....curious of procedure...friend has similar dilemna

JR
Post Reply