So if I buy something at a garage sale or flea market I got to pay taxes on that?
Don't think so. Tax on first sale only. Used stuff is exempted
in Canada, anyway
In Canada I pay tax on used videogames all the time. Unless every store I buy from is ripping me off. I buy used records on a regular basis as well and my brother buys used old action figures and, again, we're charged sales tax.
Hmm, I think you're right, Ian. I'll have to check my receipts.
Unless its just PST you're being charged and not GST (which is what I was thinking about)? Or th Harmonized Sales tax?
Maybe if your retail business is selling used products, you are caught by the tax laws? I am still pretty sure that for a private used sale, there is not GST (like if you sell your car). Maybe there's a monetary threshold of sales that if you exceed it, you're caught by the tax laws?
Needless to say, I do not fully understand it.