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As of September, Canada’s new ‘luxury tax’ will apply to privately owned high-value vehicles, aircraft and vessels.
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Application of the luxury tax ; Exemption on sales of subject vehicles equipped for military or policing activities ; Exemption on importations of subject vehicles equipped for military or policing activities ; Exemption on leases of subject vehicles equipped for military or policing activities
The Select Luxury Items Tax Act will apply to all new cars and aircraft with retail prices... the Canada Revenue Agency (CRA) on the first day of sale or importation of all orders moving...