Stus-List Re: Canadian Luxury Tax

2022-01-17 Thread Steve Thomas via CnC-List
Thanks for sharing, James. That is a great picture. Steve Thomas C MKIII 1978 Ontario C MKI 1980 Florida -- Original Message -- From: cnc-list@cnc-list.com To: cnc-list@cnc-list.com Cc: jameshesk...@gmail.com Sent: Monday, January 17, 2022 10:16 AM Subject: Stus-List Re

Stus-List Re: Canadian Luxury Tax

2022-01-17 Thread James Hesketh via CnC-List
On a motorcycle trip to The Cabot Trail on Cape Breton, Nova Scotia in the late '90s, I was thrilled to see Farley's boat -- Happy Adventure -- AKA The Boat Who Wouldn't Float. She was sitting on the hard, badly shored up with a broken back, as a tourist attraction outside a restaurant. Here's a

Stus-List Re: Canadian Luxury Tax

2022-01-17 Thread Richard Bush via CnC-List
Message- From: Andrew Burton via CnC-List To: Stus-List Cc: Andrew Burton Sent: Sat, Jan 15, 2022 9:18 pm Subject: Stus-List Re: Canadian Luxury Tax On side note. I grew up sailing on my dad’s C 27 in British Columbia. On one cruise, I read a book by Canadian author Farley Mowat called The Boat

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Dave S via CnC-List
Same. Have had a voyage to St Pierre and Miquelon on the bucket list since I was a kid, thanks to Farley Mowat. I reread that book last summer, and enjoyed it just as much as I did back in the 70s, and probably laughed even more. Dave On Sat, 15 Jan 2022 at 21:19, Andrew Burton via CnC-List

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Andrew Burton via CnC-List
On side note. I grew up sailing on my dad’s C 27 in British Columbia. On one cruise, I read a book by Canadian author Farley Mowat called The Boat Who Wouldn’t Float, about a pair of fellows buying and converting a small fishing schooner in Newfoundland. Mowat talks a lot about the area and

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Ken Heaton via CnC-List
I don't think it is easy to stay in the US for more than 12 month either. But you only have to leave and go to another country for 15 days, then you can return and start the clock over again. I'm not sure what the similar rule is for Canada. Ken H. On Sat, 15 Jan 2022 at 21:44, Dave S wrote:

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Dave S via CnC-List
Andy - you might need to make a short trip to st Pierre and Miquelon. Eurozone VAT is similar I believe, non-paid boats need to leave briefly and return to reset the clock (or pay) and paid boats can’t be gone too long or they lose their paid status. I think I see a retirement gig in the

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Robert Abbott via CnC-List
Ken, Thank you all of this...everything one could want on the subject matter. Robert Abbott AZURA C 32 - #277 Halifax, N.S. On 2022-01-15 4:59 p.m., Ken Heaton wrote: Further to this, it appears some of Henry's American clients had kept their boats in Canada continuously for up to 18 years

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Andrew Burton via CnC-List
I see the law is 12 months, then pay duty. I spoke to Henry about this and got his take on the situation, but also spoke to people in the Halifax area who made essentially the same points. And even still, the law precludes what I want to do; that is, head to NS early summer and cruise to the

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Ken Heaton via CnC-List
Further to this, it appears some of Henry's American clients had kept their boats in Canada continuously for up to 18 years without ever actually officially importing them, so never paid import duties:

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Ken Heaton via CnC-List
The "short amount of time" Andrew refers to is one full year (12 months). The ``newish" law Andrew referred to has been on the books for at least 20 years ( I think since the fall of 1998) but has been spottily enforced. In theory, US boats are not supposed to overwinter (stay longer than 12

Stus-List Re: Canadian Luxury Tax

2022-01-15 Thread Robert Abbott via CnC-List
Andrew, I am interested to know more about this CDN Luxury Tax on US boats here in Canada for a period of time.  I can't find anything on the CDN Govt websites on the law. Do you have a source/ website, anything I can use to get started on finding out the specifics? Anything would help. 

Stus-List Re: Canadian Luxury Tax

2022-01-13 Thread Matthew via CnC-List
be expanded, but would continue to run dirty as they had been until they fall down. Duh. From: Dennis C. via CnC-List Sent: Wednesday, January 12, 2022 2:46 PM To: Stus-List Cc: Dennis C. Subject: Stus-List Re: Canadian Luxury Tax When the US imposed the luxury tax in the 90's or whenever

Stus-List Re: Canadian Luxury Tax

2022-01-12 Thread Andrew Burton via CnC-List
There’s also a newish Canadian law that taxes US boats if they are in Canada for more than a short amount of time. It has put several yards out of business, including a friend in NS who used to work on and store a bunch of US boats very winter. It put the kibosh on my plans to cruise to Bras

Stus-List Re: Canadian Luxury Tax

2022-01-12 Thread Della Barba, Joe via CnC-List
, January 12, 2022 2:46 PM To: Stus-List Cc: Dennis C. Subject: [EXTERNAL] Stus-List Re: Canadian Luxury Tax When the US imposed the luxury tax in the 90's or whenever, it put 17,000 boat builders in the unemployment line. Luxury car salespersons also suffered. Legislators and bureaucrats

Stus-List Re: Canadian Luxury Tax

2022-01-12 Thread Dennis C. via CnC-List
When the US imposed the luxury tax in the 90's or whenever, it put 17,000 boat builders in the unemployment line. Luxury car salespersons also suffered. Legislators and bureaucrats are woefully ignorant of the law of unintended consequences. Did it result in increased tax collections? Not