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Inside the Aircraft Luxury Tax
Essential information to prepare your company for the proposed Luxury Tax set to come into effect on January 1, 2022.

The proposed tax has been under the radar for many. However, if enacted it will have a far reaching and adverse impact on the Canadian aviation industry.

Tax and aviation lawyer Steven Sitcoff, partner with national law firm McMillan LLP, provides insight into the proposed Luxury Tax and the potential implications for your business or planned aircraft investment.

Stan Kuliavas, Vice President of Sales & Business Development with Levaero Aviation, will open up the Webinar with an introduction and brief description of market reaction to the proposed Luxury Tax.

The webinar will close with a 15 minute Q&A session to answer any questions.

Nov 30, 2021 02:00 PM in Eastern Time (US and Canada)

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Speakers

Steven Sitcoff
Partner @McMillan LLP
Steven Sitcoff is a highly experienced lawyer with a practice primarily focused on providing domestic and international corporations with proactive and practical tax planning solutions to assist them to further their business objectives. He has significant experience working with private and public companies from various sectors including consumer products, retail, real estate, financial services, and entertainment. Steven provides comprehensive legal and tax advice to Canadian companies with national and cross-border activities as well as to companies from abroad expanding into Canada. He has unique combined expertise in taxation and private aviation matters, and is frequently consulted by clients and aviation services firms across Canada to advise on tax-efficient acquisition and ownership structures for aircraft, to review aircraft ownership structures and usage policies for tax risk, and for representation in aircraft-related audits.
Stan Kuliavas
Vice President of Sales & Business Development @Levaero Aviation
Stan Kuliavas is responsible for all aircraft sales and marketing with Levaero Aviation, and also oversees the planning and execution of the growth strategy of the company. Levaero offers aircraft sales, service and solutions to the aviation marketplace and is the exclusive Authorized Pilatus Centre in Canada. A licensed pilot and graduate of Embry-Riddle Aeronautical University, Stan has nearly a decade of aviation experience, and OEM product involvement. He is a recipient of Wings’ Top 20 under 40 program and also a NBAA Business Aviation Top 40 Under 40 Award Recipient Stan most recently spent six years as a board member of the St. Michael’s Young Leaders, raising funds and awareness for St. Michael’s Hospital in Toronto, and currently volunteers with various other charitable organizations.