I bought my brother's old sled off of him for my wife to ride. Is there any way to change the ownership without having to pay any tax? Can we say that he gave it to us? We live in Ontario.
I know for cars at least you have to sign a declaration that it was a gift to bypass taxes, which they can usually do at the vehicles and licensing place...and usually for sleds they just go by how much you tell them you paid for it...so either one of those routes will save you some coin..
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