Canada Tax Agency Outlines Bizav Personal Use Policy
The Internal Communiqué AD-18-01 – Taxable Benefit for the Personal Use, represents a compromise over a previous proposal, but increases tax values.

The Canada Revenue Agency (CRA) has released long-awaited guidance covering the taxation of personal use of business aircraft. It effectively increases the tax values and complexity of reporting, the Canadian Business Aviation Association (CBAA) said. But CBAA said the document, "The Internal Communiqué AD-18-01—Taxable Benefit for the Personal Use of an Aircraft," represents a compromise compared with a previous proposal.


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