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Old 21st May 2018, 03:07
  #8 (permalink)  
Join Date: Apr 2000
Location: BC
Posts: 451
Corporate Ownership

Originally Posted by Okihara View Post
In short, the only path to aircraft ownership for foreigners in Canada is to have a corporation which involves minor Canadian participation and ultimately register the aircraft under the corporation name?
That's convoluted. Why make this specifically hard for aircraft ownership and not for, e.g., cars?
Ha! Well, that would be nice, however; with the new tax laws coming into effect and the ramifications of utilizing an aircraft registered to a business and utilizing it for to fly First, Business or charter your own aircraft as that's what the new proposed legislation will tax you at.
777AV8R is offline