Buy That Boat Now or Pay the New Luxury Tax Later?

Coming into force on September 1st, the luxury tax will apply to cars and private aircraft that cost more than $100,000 and to boats or yachts of over $250,000. Some upgrades will be taxes too. 

If you are considering buying these, buy them now before paying additional tax. 

If you do not know what the new Luxury Tax is, here is a helpful article from Canadian Family Offices. 

Click here to access the article