RE:RE:RE:RE:RE:RE:RE:Might be a good time to Exit Model airplanes...! Ha Ha, incredible,
If they task the CRA to collect this tax, you can be sure that it will cost more than what will be collected.
They aim the easy targets like people with salaries and a few dollars in the bank.
They are not very good at collecting taxes if it involves too much work, just check their score for collecting lost taxes from canadians hiding money in tax heavens.
So, if they deal with someone who has created a charter company like stockitnow suggested, they won’t dig too deap, for it requires some kind of effort they are not used to.
clubhouse19 wrote: What's the most comical is that they tried their best to included MODEL AIRPLANES since they target all planes over 100k..
What a friggen joke...typical as this imo will cost more to administer than the 150 million they claim to receive in extra taxes. Not enough paper pushers I guess.
balmusette wrote: Then, I don’t expect Ottawa will make a lot of money with this new tax; at least with the business aircrafts.