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Monthly communication reports in the last 6 months: 0
Subject matters | Details | Categories |
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Taxation and Finance
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Select Luxury Items Tax Act (S.C. 2022, c. 10, s. 135)
The luxury tax is calculated as either 10% on the total price of vessels over $250K, or 20% of the value over $250K. To change the threshold to (for example) $6M, but make this amount tax exempt. So the luxury tax would be 10% of the value over $6M, but would not apply on the first $6M. This solution keeps the luxury tax in place, but allows a threshold less than the $10M suggested while providing very significant benefit to builders of yachts and boat dealers in Canada.
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Policies or Program, Legislative Proposal, Bill or Resolution
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Address:
8 Keefer Rd
St. Catharines, ON L2M 7N9
Canada
Telephone number:
905-937-3737
Jan Willem de Jong, CEO
Neptunus Yachts is not a subsidiary of any other parent companies.
Neptunus Yachts is not a coalition.
The activities of Neptunus Yachts are not controlled or directed by another individual, organization or corporation with a direct interest in the outcome of this undertaking.
Neptunus Yachts does not have any subsidiaries that could have a direct interest in the outcome of the undertaking
Walter Sendzik | No public offices held
Firm: 12MSolutions