Gift of a Vehicle - British Columbia

FIn319/WeBrev.2015/6/25
Page2
1. The dONOR PAId ONe OF The FOllOwING TAXeS: (check ( ) one)
PART B – FOR OUT-OF-PROvINce GIFTS wIThIN cANAdA ONly (PART A MUST AlSO Be cOMPleTed)
PSTafter March 31, 2013
(undertheProvincial Sales Tax Act)
PSTbefore July 1, 2010
(undertheSocial Service Tax Act)
ToqualifyforanexemptionfromPSTonanout-of-provincevehiclereceivedasagift,thedonormustbearelatedindividual
andhavepreviouslypaidaqualifyingtax,qualiedforanexemptionorreceiveditasagiftinBCbeforeApril1,2013.
TaxonDesignatedProperty(TDP)from
July 1, 2010 to March 31, 2013
(undertheConsumption Tax Rebate and
Transition Act)
7%BCportionofthehSTfrom July 1, 2010
to March 31, 2013(undertheExcise Tax Act)
Salestaxinanotherprovince
(GST is not a qualifying tax)
3. The dONOR ReceIved The vehIcle AS A GIFT IN Bc:
CopyofICBCAPV9T(Transfer/Tax Form)showingproofofgift
before April 1, 2013
notarizedstatementfromdonor.Mustincludeconrmationthatthe
donoracquiredthevehicleasagiftinBCbefore April 1, 2013.
notarizedstatementfromdonor.
Mustincludeconrmationthatdonor.
acquiredpropertyexempt,reasonfor
exemption,taxthatwouldhaveapplied
andyearofacquisitionbydonor.
2. The dONOR QUAlIFIed FOR AN eXeMPTION FROM ONe OF The FOllOwING TAXeS: (check ( ) one)
DATeSIGneD
DATeSIGneD
YYYY/MM/DD
YYYY/MM/DD
Bysigningthisform,thedonor(s)andrecipient(s)certifythatthisvehicleisagiftandnoconsideration,includingapayoutor
takeoverofaloan,hasbeenorwillbegiveninexchange.Thedonor(s)andrecipient(s)certifythatthedonor(s)didnotreceive
thevehicleasanexemptgiftfromarelatedindividualafterMarch31,2013andwithintheprevious12months,unlessthat
exemptgiftwasgiventothedonor(s)bytherecipient(s).
Thedonor(s)andrecipient(s)understandthatthistransferissubjecttoauditbytheMinistryofFinanceandeitherpartymaybe
contactedtoverifyeligibilityfortheexemption.Ifitisdeterminedthatthetransferdidnotqualifyasagiftorthattherewasan
incorrectamountoftaxpaid,theministrymayassesstherecipientforthetaxowingpluspenaltyandinterest.
IacknowledgethatifImakeafalsestatementtoavoidpayingtax,theProvincial Sales Tax Actchargesaneofupto$10,000
and/orimprisonmentupto2years,inadditiontoapenaltyof25%ofthetaxdueandanassessmentforthetaxthatshould
havebeenpaid.
PART c – ceRTIFIcATION
X
X
reCIPIenT’SSIGnATUre(if more than one recipient)
reCIPIenT’SSIGnATUre
DOnOr’SSIGnATUre
DOnOr’SSIGnATUre(
if more than one donor)
DATeSIGneD
DATeSIGneD
YYYY/MM/DD
YYYY/MM/DD
X
X
Completeoneofthefollowingthreesections:
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF TAX PAId: (check ( ) one)
CopyoforiginalBillofSalefrom
dealerorsellershowingtaxpaid
receiptshowingtaxpaidtoanotherprovince
(does not include GST)
CopyofICBCAPV9T(Transfer/Tax Form)
showingtaxpaid
notarizedstatementfromdonor.
Muststatewhichtaxwaspaid,yearof
paymentandinwhatprovince.
PSTafter March 31, 2013
(undertheProvincial Sales Tax Act)
TaxonDesignatedProperty(TDP)from
July 1, 2010 to March 31, 2013
(undertheConsumption Tax Rebate and
Transition Act)
PSTbefore July 1, 2010
(undertheSocial Service Tax Act)
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF ReceIvING AN eXeMPTION: (check ( ) one)
CopyoforiginalBillofSalefrom
dealerorsellershowingan
exemptionwasreceived
CopyofICBCAPV9T(Transfer/Tax Form)
showinganexemptionwasreceived
ThedonorreceivedthevehicleasagiftbeforeApril 1, 2013
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF ReceIvING A GIFT: (check ( ) one)
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