British Columbia new-vehicle dealers are facing another “layer of taxation” amid Ottawa’s plan for a federal luxury levy on vehicles costing more than $100,000.
The measure will strike especially hard in B.C., where the provincial government in 2018 hiked the sales tax to 15 per cent for cars priced at $125,000 to $149,999, and to 20 per cent for vehicles $150,000 and higher.