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Ktaifan

macrumors member
Original poster
Jun 2, 2014
69
28
When purchasing a new iPhone outright and using the trade in your old iPhone option, do you pay taxes on the full purchase amount or the price after trade in?

Trade in value in Canada for a 256GB iPhone 11 Pro is $570. Tax difference in Ontario if taxes applied after trade in value is $75, which can go toward a case and screen protector.

Thanks for anyone with experience with this.
 

Devyn89

macrumors 6502a
Jul 21, 2012
805
1,197
You are charged the taxes on the full value of the phone. The trade-in is a post tax method of payment.
 

Ktaifan

macrumors member
Original poster
Jun 2, 2014
69
28
Thanks for the response. Confusing because Apple shows two what seems to be different sets of info to me.
F314512B-5B6D-4E17-AE61-BE48B57BE92B.jpeg
02103D6B-1C48-4EC9-AD8D-667C13E02F5A.jpeg
 

Devyn89

macrumors 6502a
Jul 21, 2012
805
1,197
Yeah it’s worded poorly but taxes paid on the full value of the device
 

Ktaifan

macrumors member
Original poster
Jun 2, 2014
69
28
But then in the second pic, it says $969 after trade-in received. I wonder if this only applies if you use PayBright for their monthly instalments.
 
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