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A2B in a TLC · 09-01-05, 02:54 PM

Hi Gang,

This is important. Many have worried that if running SVO or biodiesel, if caught you could get nailed for taxes.

This is the British Columbia gov't web site on tax rates:
http://www.qp.gov.bc.ca/statreg/reg/...tm#section51.2

Basically, it says that if an "alternative" fuel market share is less than 3.5%, then the fuel is tax exempt. We are talking provincial taxes here.

TAX RATES FOR ALTERNATIVE MOTOR FUELS
Market Share Tax Rates (cents per litre)
Categories 1 and 2 Category 3
Less than 3.5% exempt exempt
3.5% to less than 6.5% 3.6 2.2
6.5% to less than 10% 7.3 5.1

Statistics Canada issues the market share info.

Sincerely,

Bruce

09-01-05, 02:54 PM	#5
A2B in a TLC IH8MUD Regular Join Date: Jan 2005 Location: Tsawwassen, BC TLCA# 15095 Posts: 254	Hi Gang, This is important. Many have worried that if running SVO or biodiesel, if caught you could get nailed for taxes. This is the British Columbia gov't web site on tax rates: http://www.qp.gov.bc.ca/statreg/reg/...tm#section51.2 Basically, it says that if an "alternative" fuel market share is less than 3.5%, then the fuel is tax exempt. We are talking provincial taxes here. TAX RATES FOR ALTERNATIVE MOTOR FUELS Market Share Tax Rates (cents per litre) Categories 1 and 2 Category 3 Less than 3.5% exempt exempt 3.5% to less than 6.5% 3.6 2.2 6.5% to less than 10% 7.3 5.1 Statistics Canada issues the market share info. Sincerely, Bruce __________________ Bruce, '76 FJ40 (sold long ago), '88 JDM BJ74V (recently sold), '86 HJ60, TLCA #15095, Coastal Cruisers member "The worst moment for any atheist is when he feels grateful for something and has no-one to thank."