Gift of a Vehicle - British Columbia

FIn319/WeBrev.2015/6/25
Page2
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)
PSTafter March 31, 2013
(undertheProvincial Sales Tax Act)
PSTbefore July 1, 2010
(undertheSocial Service Tax Act)
ToqualifyforanexemptionfromPSTonanout-of-provincevehiclereceivedasagift,thedonormustbearelatedindividual
andhavepreviouslypaidaqualifyingtax,qualiedforanexemptionorreceiveditasagiftinBCbeforeApril1,2013.
TaxonDesignatedProperty(TDP)from
July 1, 2010 to March 31, 2013
(undertheConsumption Tax Rebate and
Transition Act)
7%BCportionofthehSTfrom July 1, 2010
to March 31, 2013(undertheExcise Tax Act)
Salestaxinanotherprovince
(GST is not a qualifying tax)
3. The dONOR ReceIved The vehIcle AS A GIFT IN Bc:
CopyofICBCAPV9T(Transfer/Tax Form)showingproofofgift
before April 1, 2013
notarizedstatementfromdonor.Mustincludeconrmationthatthe
donoracquiredthevehicleasagiftinBCbefore April 1, 2013.
notarizedstatementfromdonor.
Mustincludeconrmationthatdonor.
acquiredpropertyexempt,reasonfor
exemption,taxthatwouldhaveapplied
andyearofacquisitionbydonor.
2. The dONOR QUAlIFIed FOR AN eXeMPTION FROM ONe OF The FOllOwING TAXeS: (check ( ) one)
DATeSIGneD
DATeSIGneD
YYYY/MM/DD
YYYY/MM/DD
Bysigningthisform,thedonor(s)andrecipient(s)certifythatthisvehicleisagiftandnoconsideration,includingapayoutor
takeoverofaloan,hasbeenorwillbegiveninexchange.Thedonor(s)andrecipient(s)certifythatthedonor(s)didnotreceive
thevehicleasanexemptgiftfromarelatedindividualafterMarch31,2013andwithintheprevious12months,unlessthat
exemptgiftwasgiventothedonor(s)bytherecipient(s).
Thedonor(s)andrecipient(s)understandthatthistransferissubjecttoauditbytheMinistryofFinanceandeitherpartymaybe
contactedtoverifyeligibilityfortheexemption.Ifitisdeterminedthatthetransferdidnotqualifyasagiftorthattherewasan
incorrectamountoftaxpaid,theministrymayassesstherecipientforthetaxowingpluspenaltyandinterest.
IacknowledgethatifImakeafalsestatementtoavoidpayingtax,theProvincial Sales Tax Actchargesaneofupto$10,000
and/orimprisonmentupto2years,inadditiontoapenaltyof25%ofthetaxdueandanassessmentforthetaxthatshould
havebeenpaid.
PART c – ceRTIFIcATION
X
X
reCIPIenT’SSIGnATUre(if more than one recipient)
reCIPIenT’SSIGnATUre
DOnOr’SSIGnATUre
DOnOr’SSIGnATUre(
if more than one donor)
DATeSIGneD
DATeSIGneD
YYYY/MM/DD
YYYY/MM/DD
X
X
Completeoneofthefollowingthreesections:
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF TAX PAId: (check ( ) one)
CopyoforiginalBillofSalefrom
dealerorsellershowingtaxpaid
receiptshowingtaxpaidtoanotherprovince
(does not include GST)
CopyofICBCAPV9T(Transfer/Tax Form)
showingtaxpaid
notarizedstatementfromdonor.
Muststatewhichtaxwaspaid,yearof
paymentandinwhatprovince.
PSTafter March 31, 2013
(undertheProvincial Sales Tax Act)
TaxonDesignatedProperty(TDP)from
July 1, 2010 to March 31, 2013
(undertheConsumption Tax Rebate and
Transition Act)
PSTbefore July 1, 2010
(undertheSocial Service Tax Act)
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF ReceIvING AN eXeMPTION: (check ( ) one)
CopyoforiginalBillofSalefrom
dealerorsellershowingan
exemptionwasreceived
CopyofICBCAPV9T(Transfer/Tax Form)
showinganexemptionwasreceived
ThedonorreceivedthevehicleasagiftbeforeApril 1, 2013
ATTAch ONe OF The FOllOwING dOcUMeNTS AS PROOF OF ReceIvING A GIFT: (check ( ) one)
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