Transportation & Logistics Communiqué

Aerial view of container cargo ship and cargo plane with working crane bridge in shipyard

March 29, 2022

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Luxury tax draft legislation (finally) released: May apply to certain vehicles, aircraft, and boats

Colleen Ma

On March 11, 2022, the draft legislative proposals relating to the Select Luxury Items Tax Act (the “Act”) were released for public comment. This new luxury tax was first announced in the 2021 Federal Budget, with a detailed backgrounder released...

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