New Luxury Tax in Canada

[Heli500]

I guess this just went into effect In Canada yesterday. Buy a helicopter 2018 or newer and it will now cost the company an extra 10% on the first $250 K and 25% on everything over $250K

How much is a new H125?

Guess we will not be seeing to much new iron in this country for a while

 

https://www.ey.com/en_ca/tax/tax-alerts/2022/tax-alert-2022-no-39

 

[Saifan Pilot]

That’s ok, I’m sure operators will find a workaround, like paying us pilots less, that’s what they usually do.

[ray]

Exempt categories:

Air ambulance,

Flights to remote communities, 

Flights conducted in the course of a business of the owner of the aircraft.

[Heli500]

Where did you find the exemptions?

[freck]

Keep voting Liberal you dim wits out East.

[ray]

On 9/2/2022 at 2:45 PM, Heli500 said:

Where did you find the exemptions?

With the link provided above, i kept reading the entire article.

[transientorque2]

I called the manufacturer and said they’d give me a 2% discount after taxes but would have to pay a 20% restocking fee if I cancelled my order! What should i do? 

[shaggy]

On 9/3/2022 at 9:35 AM, freck said:

Keep voting Liberal you dim wits out East.

Are you upset because you expect to make so much money flying helicopters that when you can afford to buy your own AW139 for personal use that you’ll have to pay more tax on it?

[old]

On 9/2/2022 at 1:26 PM, Saifan Pilot said:

That’s ok, I’m sure operators will find a workaround, like paying us pilots less, that’s what they usually do.

And your point is?

[freck]

6 hours ago, shaggy said:

Are you upset because you expect to make so much money flying helicopters that when you can afford to buy your own AW139 for personal use that you’ll have to pay more tax on it?

Nah more upset there are idiots like you who think the hairdo is doing a stellar job.