Effective April 10, 1991 the Province introduced an environment tax on all new pneumatic tires purchased or consumed in Prince Edward Island. This Environment Tax Notice outlines the application of the tax and the procedures for collecting and remitting the tax.
The filing and remittance deadline for the Environment Tax Return is 20 days after the end of the quarterly period covered by this return, even if no tax is payable.
Registered vendors which reported $10,000 or less in environment tax in the prior fiscal year of the Province will continue to be eligible for a commission. However, the maximum commission allowed will be $300 per fiscal year of the Province.
This notice is prepared to assist vendors registered under the Environment Tax Act to meet their obligations in relation to the collection and remittance of environment tax.
The purpose of this notice is to provide vendors with information on the application of environment tax (tire tax) to purchases of tires by First Nation individuals.
Any business selling new tires (retailers) or bringing new and used vehicles into PEI for resale ( motor vehicle dealers) must be a registered vendor and charge Environment Tax on any new tires they sell in PEI. To apply for registered vendor certification: Complete and submit...
There are now two tax rates which are applicable to motor vehicle tires of different sizes.
The definition of a “new tire” was revised in June 1992. The revised definition of a "new tire” states that a tire is considered to be new until after its first purchase at a retail sale in the province.