Canada's Business Aviation Community Concerned About Proposed "Luxury Tax" on Personal Aircraft
The Canadian Business Aviation Association (CBAA), representing 50,000 highly skilled workers in a $12.1 billion industry, today expressed concern over the proposed “luxury tax” included in the federal government’s budget tabled on April 19. If passed, the tax will come into force in January 2022.
According to the CBAA’s president and CEO, Anthony Norejko, the government’s assumption that a small plane is an unessential high-end toy totally misrepresents how these aircraft are generally used.
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