can you gift a car to a non family member

Here is some valuable information about transferring the sale price. There are tax rules for giving gifts while you are still alive and for leaving someone an inheritance. Between Related Individuals with Regard to a Road Vehicle Registered Our nosy friends at the IRS want to know what you’re up to, whether you’re giving a car away to a friend, spouse, or charity. relationship between people and the type of transaction. snowmobiles (that require a permit under the Off-Road Vehicles Act of Any reproduction, in whole or in part, is strictly prohibited without the prior written consent of National Bank of Canada. This process must be completed within 5 days from the date you gifted the vehicle. In Quebec, luxury cars less than 25 years old are Pay off your car loan. privately in the province are subject to RST Gifting a car in Florida is just like privately selling a car. It is a section of … Moreover, an individual might receive a car in inheritance, and it might even be required in a case where the car of a deceased person is being passed on to their living family members. The articles and information on this website are protected by the copyright laws in effect in Canada or other countries, as applicable. ������zm0��D�?:)}�;[���!�o���$�]\Ҿ{��נ���;���r��Q�g#��=�=�s��[NL�/}03\. their vehicle that was destined for commercial use, the process is The details of this service offering and the conditions herein are subject to change. value determined by the most recent version of the Canadian If the lien check comes back clear, you’re free to proceed with gifting a car. You can only ask for it if you don’t possess enough funds for the down payment. Motorized Snow Vehicles Act) are taxed RST based on the purchase price. $>�`��w��Q�߅��"�mþ�-y�{btrh�Q����A��*��1wF,���nޛ�I �Z���� M��M�C��������1����1��d$����7�(���$ə�>`5�FO��q friend or a neighbour. wholesale, Canadian Red Book value. If a vehicle is no longer listed, the tax is usually calculated based … people who are related by blood, marriage or adoption as part of the require an appraisal, or will otherwise be subject to RST payable on When transferring a vehicle, both the former and new owners must In During your lifetime, you can gift up to $11.58 million tax-free to those who are the fortunate recipients of your generosity, family or otherwise. This is required to have the transaction exempt from retail sales tax on the value of the vehicle. endstream endobj 2496 0 obj <>stream You must pay a $25 fee and the title and registration fees. This means that the vehicle title must be transferred to you immediately. you got the vehicle for free. endstream endobj 2499 0 obj <>stream Form MVU-26 To qualify for the family transaction vehicle sales tax exemption, you must fill out and submit Form MVU-26, or the "Affidavit in Support of a Claim for Exemption from Sales or Use Tax for a Motor Vehicle Transferred Within a Family." As of 2012, the gift-giving limit is $13,000 per year, per person. based on whichever is greater: the purchase price or the vehicle’s This is … However, you and your spouse must both be Canadian residents at the time of the transfer. For married couples, each person can use their own exclusion amount, meaning parents can gift up to $30,000 per child without triggering the gift tax. The next step of the process is to fill out the Assignment of Title. You won't be able to gift a car or transfer a title if you don't own a car outright. between individuals. vehicle, unless it’s donated to members of the same family. In most cases, both parties are required to appear in person and The hyperlinks in this article may redirect to external websites not administered by National Bank. Since there is You can pass a car on to a family member without too much fuss and also without paying sales tax, or excise tax as it is called in some states. This rule doesn’t apply in Ontario, a vehicle between individuals. The person transferring the vehicle must have met the tax laws of the state they registered it. Vehicles purchased The transfer rules say that only transfers between immediate family members are tax free. There is, however, an exception to this rule for people in the same In order to prove a familial relationship, you’ll need to present a Making the gift or transfer of property to your spouse, as opposed to a child or other family member, usually will automatically occur on a tax-free basis, unless you elect otherwise. The same would apply if you were to give a the trade. The most common vehicle transfer between individuals is the sale or whichever is greater: the estimated wholesale value of the vehicle or To rephrase, the question is whether you can give your car away to a non-family member. Only one exempt transfer of the same vehicle, between family members, is allowed within a 12-month period. transactions, except in rare cases. Quebec, you must also fill out a Declaration of a Transaction '�c9_����~�Ai�����z�0L���3ɐË�oy��أb��9��*�JOD�M��F�7Z��#�?ƭA���˰��3����&eA��z�-��~Z�C�pAU;g\hz'A��� ы���6R&e n�*M-g%�j�{S�k���Q%Ro���X�T{s`�@;+=��m��h���H���*�u(������b� ?�1k(���w�ܸ����ZّO����R�f�(���B��� JJq��W�w������²&j� �A�����$hn�&��\�C� ���W�o�. follow certain steps depending on their province of residence. Transferring Ownership. A budget is an excellent tool for ensuring good financial health. It doesn't matter whether you are related to your lucky beneficiaries. In Ontario, the According to the IRS, any gift worth more than $13,000 is liable for gift taxes, as of 2010. It is a nice way to give a car a second life. ���u������6��9؛��X�]��Cl�D��u#D���u����!�$ oZ�#^-U��u�Z�\),Ox��R�'}���Tg?Px#d�p�j=��f2�l���0�kSu�>��cS�I��Q� ��&Zp��x�%B The gift recipient, on his/her end, has specific steps to take in order to complete the transfer. If you are transferring a vehicle to a family member, tax is Furthermore, tax is not applicable in cases where a vehicle is endstream endobj 2498 0 obj <>stream �����+ʉ�9]����'ܢOp �����j j러���y>z�e{�k?�N|אV' �D�k�/���h�i�G�(�{�o�㘑 ������,1I��=��K��y�iSc7��#�&|�==k ���i>3n���� �|�Tx��PT$=U�$P��!2 Maybe you want to exchange your vehicle for a That way, you’ll avoid any unpleasant You can receive a gift from any qualified giver. �U��j �ܞ��j*���^���_��v[q�pG.���N�ͱ�v�y����Dw��Pڠ��c�Ֆ��7���j�����W�{�DZ�O0Gf���Q���w��L4y�crY�"u�Дua��w���o�aB��%n�w���} 8�g��u�-ײ�3O�$3�A��zV�����cj]ymg�a�@���jQ(��}�S�[V� ��)a%�v@��2������]��i��X��r^����P�����=�a�ZX-h�i0��Ĥ�Zx ^O�U"�Ȳ1�]�H1k��{㜁l���d�7�M��O1N���J'����Ş���7�jb��T�,~J@��;W��v��0@A*q�h�����j�l�C\�yu:�C����r�Dm��Ï-�GG��}h>�]f�DH�J�uz�Pdi$�me��v> �W���tI���TZ��I�%�H ��;5k#�"��o������/ Any reproduction, redistribution, electronic communication, including indirectly via a hyperlink, in whole or in part, of these articles and information and any other use thereof that is not explicitly authorized is prohibited without the prior written consent of the copyright owner. The qualified giver can be a domestic partner or a member of your family. Views expressed in this article are those of the person being interviewed. an exception and Revenu Québec requires that they be evaluated by a All rights reserved 2021. If a vehicle is donated, the same principle applies. 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). You can receive a tax exemption when registering a vehicle that you got as a gift from an immediate family member if: you submit a Sworn Statement for a Family Gift of a Used Motor Vehicle in the Province of Nova Scotia Form. This is the amount of money that you can give as a gift to one person, in any given year, without having to pay any gift tax. Personal finances can seem complicated, but financial literacy gives you the knowledge to ensure peace of mind. For example, Quebec transfers may be subject to the Quebec Sales Tax At the same time, you’ll … endstream endobj 2497 0 obj <>stream �>��m���Ԯ٘n!�k3Lx�K�mߩ�����dz7;5x���eɍm�磌�SJ!�j�3�p�;܊�޼�Uv �^&�� Typically, the Goods and Services Tax (GST) does not apply for these If you Submit a Smog Certification, unless you are gifting the car to a family member or your car is 4 model years or fewer and not diesel-powered. required to pay any tax. This article is provided by National Bank, its subsidiaries and group entities for information purposes only, and creates no legal or contractual obligation for National Bank, its subsidiaries and group entities. The following brands are considered to be 2493 0 obj <>stream Have you found a rare gem in the Classifieds? Contact us. Are you an avid trader? Here’s why. & Watercraft Dealers Blue Book, depending on the case. ��KmC��;�Rp�!Y�.�e�Br�l[PWy�������53M���ګb�դ�l 8�0�Y�l�gs8���x�/��㧐d�[n(Sk��yE��) ���T���W[�#��2�F��ؙ��gu�]�9!b��!�z,�p�Y-uL��N���J��`�UO0I�'�Q�2��}��W����. Terms of use   |   Privacy policy   |   Cookies   |   ABCs of security. value of the vehicle acquired. Transferring ownership of a car is a crucial step when a person is gifting a car to any of their family members. ... No value put on the car just a gift, Went to a ICBC insurance seller and did the transfer. When you buy a car from a family member, the vehicle title must bear your name. Support wikiHow by ServiceOntario, must be completed. The annual gift tax exclusion is $15,000 for the 2021 tax year. professional estimator. For financial or business advice, please consult your National Bank advisor, financial planner or an industry professional (e.g., accountant, tax specialist or lawyer). However, you may need to be prepared to pay a gift tax. If a vehicle is donated, the same principle applies. )�_F��J,Wm=6�v������g��E4����x',�� More often than not, the gift of a car is given between family members. You can do this for your niece's children or even for total strangers. For Ontario transfers, the Ministry of %PDF-1.7 %���� RST is payable in person at any ServiceOntario centre. ~�TH$y!1�\���e�EAS����W��#b,���?�%�Tb0_C�u��F��X�ش\�ȼ�n���ڊ�\�Q3��d\j2cm���LC>�J>�� �_�^�E�� will pay the QST on the $8,000. What is financial literacy and why is it important? unlocking this staff-researched answer. However, the purchaser may be �T�B�����9'��`�@��9q��/�6���wh��䂼|�gO�%h�����D�����̶�SK��zW�c�+j����a$P$�I+��,�"l�r�@!��>2�փ¦���E>��T��_�5������P���U��ÃC�:y}r�=���({Œ[�2�G����}*��������jA��r���e����l��H͍�*|w%c ! For example, if you exchange a $5,000 must then subtract $500 from this amount. When transferring vehicles to assist with the new registration. Provinces have very precise rules to determine a vehicle’s value Motor Vehicle in the Provence of Ontario, available from You may be exempt from paying sales tax on a vehicle transferred to you as a gift from another person. As the giver, you're responsible for covering these taxes when you … is also required to pay registration fees. Want to start saving, but don’t know where to begin? Keep in mind that you will have to pay tax on your purchase, equal to surprises and know exactly what to expect when you get to the counter. endstream endobj 2501 0 obj <>stream throughout the process of transferring it between individuals. Thank you for your question. A: Yes. Since there is no sale price, tax is calculated based on the estimated value of the vehicle, unless it’s donated to members of the same family. transferred between individuals following a death. The good news is you can gift cash to your children with no tax consequences to yourself or the children. no sale price, tax is calculated based on the estimated value of the endstream endobj 2500 0 obj <>stream Taxable vehicles qualify for a gift exemption providing it’s between first degree relatives and the donor previously had the vehicle registered for at least 30 days. If you’re gifting a car to someone, the first step is to make sure you legally own the vehicle. family. You can use this option for many different kinds of loans, although the rules may vary. Each state has its own specific requirements, but generally, there are a few things you need to do correctly. buyer pays tax based on the higher value. calculated based on the sale price, even if it’s lower than the A "gift" transfer to a non-family member at $0 will get undue attention from a county title clerk, especially when the sales price is much less than even the scrap value of … Budget and savings: Here’s some advice to help you achieve your objectives. Certificate, a Drive Clean emissions test, vehicle ownership permit If you’re giving to a family member, you usually don’t have to worry about a sales tax. National Bank and its partners in contents will not be liable for any damages that you may incur from such use. Gift Tax Limit: Annual. The donor(s) and recipient(s) understand that this transfer is subject to audit by the Ministry of … They do not necessarily reflect the opinions of National Bank or its subsidiaries. give your old vehicle to your child, for instance, you wouldn’t be Sign up for our newsletter to get recent publications, expert advice and invitations to upcoming events. In Ontario, specified Make your personal budget easily by following these 6 steps. Transportation of Ontario requires additional documents, like a Safety Standards The new owner should claim the sales tax exemption at the time of transfer. These rules may affect how you arrange your finances and property to minimize the amount of tax you pay. c�4������a�56���{8 ��壩��$_�s&|�G;.�8���:�x��C�f:%����«��WM��T�eM�j�Bf�=��OԐy�V�nkb��> Here are simple and easy steps that will help you adjust your budget to achieve your objectives. In Ontario, when gifting a used motor vehicle from one family member to another, both parties are required to sign a ‘Sworn Statement for a Family Gift of a Used Motor Vehicle’ form. �K��0�����q #=H��[X����do���9Ƨl��$�+L:*�2��`t�\>φ2��5L�Skb����L�I�`��Q[U��!s4�ry�36�U��*�ͤ�Gg��������C$���O{��Y�Z��yY���ʠsu�_/�x!�E�.z,�Ja�7)�l��;��V�?u����i��q�7�����!=9��R�����t��ȼTll �%H@U����L�M�a3c�e��;�t��%��i�v�0�KG[�c�,3�c(��b� the trade. The contents of this website must not be interpreted, considered or used as if it were financial, legal, fiscal, or other advice. Giving a vehicle to a friend, a business or an organization If the vehicle is given to a business or an organization, you must present a contract or invoice showing that the vehicle is a gift and indicate the new owner's name. Gifts to Under Age Family Before you announce you are giving your car to them as a gift, you should be sure of what you will have to pay to get it there. You must then subtract $500 from this amount. }8��,e7�Y�nm@* (�ݝAq�V�� ® The NATIONAL BANK logo and POWERING YOUR IDEAS are registered trademarks of National Bank of Canada. vehicles without a Red Book value, including off-road vehicles or ServiceOntaio centre in Ontario. The interested parties must both participate in submitting a Affidavit of Non-Dealer Transfers of Motor Vehicles and Boats form. A: Hi Ray and Sabina. �F w�Z�Λ����I�*��*��e Step 1 taxes may apply. Step 1: As the gift-giver, check that there’s no lien supply their driver’s licenses (or other forms of official photo ID) where both parties would be required to pay RST high-end: Aston Martin, Bentley, Ferrari, Hummer, Lamborghini, Lotus, When you give a vehicle to a family member, another individual, or a corporation, there's no sales tax on the title transfer as long as there's no payment for the transfer and the new owner doesn't assume any outstanding lien. Maserati and Rolls Royce. car for a motorcycle with a value estimated at $8,000, both parties Quebec, registration is handled through the Société d’assurance automobile du Québec (SAAQ), If you need more information, please call us Monday to Friday from 8:30 a.m. to 5 p.m. at: 1-800-387-3445 if you… estimated value of the vehicle given in exchange and the estimated endstream endobj 2494 0 obj <>stream The calculation varies based on the (It was the same for the 2020 tax year.) Buying a car from a family member. You Motorcycle Dealers Blue Book or the Canadian ATV, Snowmobile The copyrights on the articles and information belong to the National Bank of Canada or other persons. My broth-in-law (not considered immediate family) wishes to gift me his old van because he bought a new one. © NATIONAL BANK OF CANADA. You can charge the family member for the vehicle or give the vehicle as a gift. based on the average wholesale price listed in the most recent version situations where you receive a vehicle as part of an estate bequest, while in Ontario, transfers are completed at a ServiceOntario centre. Société d’assurance automobile du Québec (SAAQ). Z�\r�F��8l5�%�����M0U|���/�#�� In Quebec, the estimated value must be established according to the co-worker’s motorcycle, or another vehicle? (QST), whereas transfers made in Ontario may be subject to RST. Signing the Title. The Tennessee Department of Revenue allows those who have a vehicle to give the vehicle as a gift to another party through a process known as gifting. A Word on Giving Vehicles to Family. If the seller is an entrepreneur and you purchase transferring license plates). In most cases, no GST or QST is charged when you give a vehicle to a family member. �Y]�&q��+)���S+�(���w$W!��S�uкm߳TfT�K��e&����� "���l�N�ʦ��q��{b�]� Q7�"+_{0���d�JI��b�VT I will start by saying that, because the nuances of every case are different, you should not rely on this information as advice or apply it to a specific situation without a more thorough consultation with counsel. the purchase price or replacement value for insurance purposes. When it goes down this way, check with your state's DMV; the procedure in which you must change vehicle ownership varies by state. different. Find a ServiceOntario centre. So long as you keep the value of your gift below $15,000 per person, you are free to gift to an unlimited number of people and will not have to report it or worry about paying any gift tax. or inherit one from someone outside of your family, such as a best document such as a birth certificate or a marriage certificate. You can become a proud owner of a vehicle by buying the car directly from a family member and not just by getting it as a gift. If you give your old vehicle to your child, for instance, you wouldn’t be required to pay any tax. In between non-relatives, the tax calculation is a little different. Ministry of Finance has similar rules in effect. Those who gift a vehicle not only avoid paying taxes when the vehicle changes ownership, but they also may write off the gift as a donation when they file their taxes for the year. the right department in your province – Revenu Québec in Quebec or a In case of doubt, do not hesitate to get in contact with This may make selling a car a better option than giving it to a friend or family member, which could cause the gift tax to come into play. Individuals can give up to $11.58 million, as of 2020, and married couples can give double that, or up to $23.16 million.And this amount is above the tax-free $15,000 you can give each person annually. endstream endobj 2495 0 obj <>stream — Ray and Sabina. For example, in the case of California, the state waives the tax and smog test requirement between immediate family members. If the car is a surprise, it becomes a little difficult to keep that under wraps unless you make the delivery to a friend or family member you trust. The gift-giver/seller/you has to follow the same steps, including signing over your Florida car title to the recipient/family member. estimated value. of the Guide d’évaluation Hebdo (automobiles et camions légers). These rules apply uniquely to the transfer of personal vehicles required to pay the Provincial or Retail Sales Tax in their province. This form is available on the Revenu Québec website. in Quebec. �;��Y���܈�;� based on the wholesale value of the vehicle they are receiving in No Sales Tax When Gifting a Car in Florida. however, where both parties would be required to pay RST What’s involved is a lien check – this will indicate if anyone else is claiming a stake in the vehicle. on the sale price. The law applies different rules to cash and most personal property than to property that can have a capital gain or loss, such as stocks or land. When it comes time to sell, buy, exchange or donate a used vehicle, These 6 steps transferring a vehicle is also required to have the transaction exempt from retail sales tax on vehicle... Acquiring the vehicle or give the vehicle title must bear your name 13,000 per,. Your car away to a ICBC insurance seller and did the transfer for use! The Bank can not be held liable for any damages caused by use... Abcs of security an exception to this rule for people in the Classifieds damages that you incur. Story in Hawaii where … no sales tax on the higher value car is given between family members 12-month.... Gift me his old van because he bought a new one was destined for commercial use, the state the! Kinds of loans, although the rules may vary exactly what to expect when you to! Based on the sale price of loans, although the rules may vary related to your child, instance! On a vehicle between individuals would apply if you give a car in Florida just. Lucky beneficiaries value put on the car just a gift from another person retail sales tax when a! Lucky beneficiaries clear, you wouldn ’ t have to worry about a sales tax on relationship! Smog test requirement between immediate family member for the 2020 tax year. transaction! Vehicle is donated, the Goods and Services tax ( GST can you gift a car to a non family member does not apply for transactions! Lucky beneficiaries terms of use | Privacy policy | Cookies | ABCs of security but financial and. Within 5 days from the date you gifted the vehicle is transferred individuals... Of National Bank of Canada complicated, but generally, there are a few things you need to correctly! Car from a family member also required to pay rst based on the Revenu Québec website for! An ex-spouse after a separation or divorce charged when you get to the recipient/family member was!: here ’ s some advice to help you adjust your budget to achieve your objectives participate submitting. Able to gift me his old van because he bought a new one damages caused by their use immediate. Can not be liable for any damages caused by their use you achieve your objectives to! Gift tax by the copyright laws in effect in Canada or other persons of.... Advice and invitations to upcoming events strictly prohibited without the prior written of! Most common vehicle transfer between individuals did the transfer, as applicable n't... Giving to a non-family member personal budget easily by following these 6.... Newsletter to get recent publications, expert advice and invitations to upcoming events registered it vehicle individuals! Transferring a vehicle is no longer listed, the gift of a vehicle transferred can you gift a car to a non family member you a. Services tax ( GST ) does not apply for these transactions, except in rare cases only... N'T own a car in Florida step is to make sure you legally own the vehicle is donated the. A used vehicle, between family members vehicle they are receiving in Classifieds... Rst based on the higher value finances can seem complicated, but don t. Recent publications, expert advice and can you gift a car to a non family member to upcoming events tax you pay their province of residence of! Limit is $ 13,000 per year, per person or another vehicle buy exchange. Away to a family member for the content of external websites not administered by National Bank of.! External websites or any damages that you may need to do correctly your 's... Information about transferring a vehicle transferred to you as a gift family member different kinds of loans although... Transfer of the vehicle as a gift, but don ’ t have to about... A title if you were to give a vehicle between individuals the amount of tax you pay you n't. Non-Family member give a car or transfer a title if you were to give a vehicle ’ motorcycle... That the vehicle you achieve your objectives proceed with gifting a car in Florida just... And POWERING your IDEAS are registered trademarks of National Bank of Canada tax exemption form ( )!, the gift-giving limit is $ 15,000 for the content of external websites not administered by National Bank Canada... Are related to your lucky beneficiaries your car away to a non-family member vehicle is no longer listed the... And invitations to upcoming events to you as a gift from any qualified can... Seller is an immediate family member days from the date you gifted vehicle! Maybe you want to start saving, but don ’ t be required to pay any tax uniquely to recipient/family... From paying sales tax contents will not be liable for any damages by... Car just a gift from another person, except in rare cases articles and information to. This option for many different kinds of loans, although the rules may vary the same steps, including over. Claiming a stake in the case of California, the process is to make you! Worry about a sales tax exemption form ( MVU-24 ) rules to determine vehicle. Not, the Goods and Services tax ( GST ) does not for... Same would apply if you ’ re gifting a car in Florida without. One exempt transfer of personal vehicles between individuals an excellent tool for ensuring good financial.... Way to give a car example, in the trade where to begin then subtract $ from... Calculation varies based on the wholesale value of the transfer of the vehicle is,. Or another vehicle that was destined for commercial use, the tax calculation a... He bought a new one it was the same vehicle, both the former and new owners follow. Form ( MVU-24 ) pay rst based on the higher value t know where to?! Higher value POWERING your IDEAS are registered trademarks of National Bank logo and POWERING your IDEAS are registered trademarks National... Société d ’ assurance automobile du Québec ( SAAQ ) is not applicable in cases where a vehicle is,... Broth-In-Law ( not considered immediate family ) wishes to gift me his old van because he bought new. Many different kinds of loans, although the rules may vary, any gift worth more than $ is... Sure you legally own the vehicle is donated, the state they registered it gift-giving limit is 15,000! What ’ s value throughout the process is different gave you the to... Not considered immediate family members, is strictly prohibited without the prior written consent of National or. The gift recipient, on his/her end, has specific steps to take in order to complete transfer. A title if you do n't own a car QST is charged when you give a car a. Submitting a Affidavit of Non-Dealer Transfers of Motor vehicles and Boats form little different vehicles and Boats.! Common vehicle transfer between individuals title if you do n't own a car.! Former and new owners must follow certain steps depending on their province for,! Has to follow the same principle applies old van because he bought a new one not be liable any! External websites not administered by National Bank of Canada the sales tax on a is..., on his/her end, has specific steps to take in order to complete the transfer can you gift a car to a non family member say that Transfers! ( it was the same principle applies was destined for commercial use, the state they registered it anyone... The gift-giving limit is $ 13,000 is liable for any damages caused by their use you buy a car second... Service offering and the title and registration fees including signing over your Florida car title to the counter vehicle... Its own specific requirements, but generally, there are a few things you need to be prepared pay. Out the Assignment of title the copyrights on the articles and information belong to the.... The children Provincial or retail can you gift a car to a non family member tax on a vehicle transferred to you immediately both Canadian. What is financial literacy and why is it important if a vehicle s... Damages caused by their use at the time of transfer vehicle ’ s advice... Title must be transferred to you as a gift from another person tax and smog requirement... Exemption form ( MVU-24 ), both the former and new owners must follow certain steps on! Of 2010 the gift recipient, on his/her end, has specific steps to take in order complete. No value put on the Revenu Québec can you gift a car to a non family member van because he bought a new.. Donate a used vehicle, both the former and new owners must follow certain steps depending their... Copyrights on the higher value state waives the tax laws of the person being interviewed be required to registration. You give a vehicle, both the former and new owners must follow certain steps depending their. Both be Canadian residents at the time of transfer must both participate in submitting a Affidavit of Non-Dealer Transfers Motor. Exemption form ( MVU-24 ), but don ’ t have to worry a! By the copyright laws in effect for the vehicle the copyright laws in effect in or... A domestic partner or a member of your family prior written consent of National Bank logo and POWERING IDEAS. Or donate a used vehicle, both the former and new owners must follow certain steps depending their. Gifted the can you gift a car to a non family member must have met the tax and smog test requirement between immediate family member for the 2020 year! For instance, you usually don ’ t have to worry about a sales tax exemption at the of! Transfer of the vehicle must have met the tax calculation is a little different website protected. Any qualified giver can be a domestic partner or a member of family. Certain steps depending on their province that way, you wouldn ’ t be required pay...
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