Has anyone looked into the Liberal's new budget proposal of 10% on vehicles and aircraft over 100K and how that will apply to a plane that is bought part by part? If you have bought the majority of it before the budget passes will we owe on what is purchased after, or will we need to pay on the total value of the finished aircraft, no matter how much has been purchased before the new tax?
Just wondering if it would be prudent to finish paying for the engine which won't arrive before May, and anything else that we haven't bought already.
Thanks,
Kerry
Just wondering if it would be prudent to finish paying for the engine which won't arrive before May, and anything else that we haven't bought already.
Thanks,
Kerry