Their incentive is that if they can sell the car at 6.1% less, they're going to sell more cars.Originally Posted by harry
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Their incentive is that if they can sell the car at 6.1% less, they're going to sell more cars.
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And there is significant discussion on the Canadian regional section here that shows at least a few TMC diehards need to downgrade options because of it. 6.1% is significant on 6-figure purchases.
*edit: this means our government pockets the extra 6% that otherwise Tesla would make (or at least about 30% of that 6% as extra margin)
Just curious - do you have local Sales Tax to pay on Model S there?
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Your total sales tax depends on what province you live in...here in Ontario, I will have to pay 13% sales tax on the purchase price of the car ...no "local" tax at the municipal level though...only provincial & federal tax...Alberta still has no provincial sales tax I think.
Roadster # 1137 / Model S # 2120
I just spluttered in my afternoon coffee! I was going to compare my 6% sales tax with your 6% import duty, but suddenly I feel quite lucky to be only paying 6% tax.
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Our government(s) at work...greatest minds of the 20th century
Roadster # 1137 / Model S # 2120
I prefer the term, "Our Government InAction".
Just so you know, that's 5% federal and 8% provincial tax.
Roadster #919, Model S #2006
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and in Quebec the 9.5% provincial tax is on top of the 5% federal making it a 14.975% nominal rate ...
Well, as long as you get your healthcare coverage out of all this...
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In Norway we have a sales tax of 25%(!). Luckily, EVs are exempt from both sales tax and import duties
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