a 2nd hand tax

9q34
Community Member

Sell the same product back and forth five times between two parties, the aggregate taxes will exceed the value of the product?

 

What absolute theft

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a 2nd hand tax

marnotom!
Community Member

Second, third, fourth-hand (etc.) goods have always been subject to sales taxes if sold by an entity registered to collect and remit those taxes.  How do you know how many times that widget you picked up at Value Village has been sold and resold?

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a 2nd hand tax


@9q34 wrote:

Sell the same product back and forth five times between two parties, the aggregate taxes will exceed the value of the product?

 

What absolute theft


Hi @9q34! The tax team said: 

 

The requirement for taxation is based on the transaction, not the item. The buyer in each individual transaction separately pays the GST/HST/QST/PST as applicable.

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