Hi friends,
Does anyone know, whether the new Luxury tax 10% on the full aircraft cost or 20% above 100K that Canadian government has proposed on air crafts is applicable to Home builds / Experimental / parts ?
After hearing that , I am exploring the possibility of buying a Lycoming Thunderbolt engine this year itself for my RV 14A kit ?
I wanted it to be ordered now so that I get it before the end of this year. Though I ordered through Van's I am not sure I will get it this year.
Please help me here with any info. anyone has on this aspect.
Thanks
Sreekumar V Nair
Does anyone know, whether the new Luxury tax 10% on the full aircraft cost or 20% above 100K that Canadian government has proposed on air crafts is applicable to Home builds / Experimental / parts ?
After hearing that , I am exploring the possibility of buying a Lycoming Thunderbolt engine this year itself for my RV 14A kit ?
I wanted it to be ordered now so that I get it before the end of this year. Though I ordered through Van's I am not sure I will get it this year.
Please help me here with any info. anyone has on this aspect.
Thanks
Sreekumar V Nair