ATTENTION MEMBERS:  Read CRA’s new internal communiqué on taxable benefits for the personal use of an aircraft

 

Click here (english) here (french) for the CRA’s new internal communiqué AD-18-01, taxable benefit for the personal use of an aircraft. The purpose of the communiqué is to provide guidance on the valuation of taxable benefits arising from personal use of aircraft.

The CBAA has a stakeholders meeting scheduled for today with the CRA to review and provide comments and feedback.

We will provide additional information after our meeting today.