Finance, Taxes, Insurance
Canada Goes Full Speed Ahead on Aircraft Luxury Tax
Over objections by the Canadian Business Aviation Association, the government is enacting a luxury tax on essentially all genav aircraft as of September 1.

Following the Canadian government’s announcement last week that the proposed luxury tax on certain vehicles—including essentially all new general aviation aircraft purchases—will be enacted on September 1, the Canadian Business Aviation Association (CBAA) warned the new law will have "serious implications for business aviation in particular."


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