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Selling Imported car within 1 year

gablushablu

Full Member
Oct 23, 2013
44
0
Hi, I just Imported my one year old car from the US while Landing as PR in December 2013. Now because of family needs I need a bigger car. I can't go back to US to sell this car. Do i have to pay any taxes when i sell this car in Canada? Is there a way to avoid this tax?
 

msaeed

VIP Member
Nov 7, 2012
4,336
178
Lahore Pakistan
Category........
Visa Office......
LVO
NOC Code......
0111
Job Offer........
Pre-Assessed..
App. Filed.......
18-11-2009
VISA ISSUED...
الحمد لله رب العالمين - 27-06-2014
LANDED..........
الحمد لله رب العالمين March 28, 2015.
gablushablu said:
Hi, I just Imported my one year old car from the US while Landing as PR in December 2013. Now because of family needs I need a bigger car. I can't go back to US to sell this car. Do i have to pay any taxes when i sell this car in Canada? Is there a way to avoid this tax?
Sir

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