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OC 404/2017 - The Used Light Vehicles (Provincial Sales Tax) Exemption and Remission Amendment Regulations, 2017 (Minister of Finance)
Description:

Title: The Used Light Vehicles (Provincial Sales Tax) Exemption and Remission Amendment Regulations, 2017

Minister: Minister of Finance

Summary: On filing date, these regulations will amend RRS F-13.4 Reg 36 to:

  • Eliminate the allowance provided for used vehicle trade-ins on purchases of new light vehicles and used light vehicles on which PST has not previously been paid.
  • Eliminate inconsistency and ensure continued alignment with The Provincial Sales Tax Act, which has already been amended to recognize the government’s change in policy regarding the trade-in allowance.
See: The Financial Administration Act, 1993, section 71





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