Tax experts say new taxes on yachts, luxury cars and private aircraft designed for the ultra-wealthy will extend to some electric and hybrid vehicles. It warns that there is a possibility that
In three weeks' time, the luxury goods taxwill apply to cars, SUVs, and private planes and helicopters worth more than $100,000.
On September 1, the federal government will also tax superyachts and motorboats worth more than $250,000.
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The measure, originally proposed in the 2021 budget, has been very popular with the public, says Chrystia Freeland's spokeswoman Adrian Vorpeshas. said it was not designed to attack. Middle class.
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The tax amount is either 10% of the vehicle's taxable value or 20% of the amount above the price threshold It will be Fewer.
However, senior tax accountant Helena Gagne said it could affect some electric and hybrid vehicles, such as certain Teslas, as well as hobbyist planes purchased by hobbyists. I'm here.
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