Mountain lake landscape, aircraft tax write-off in Canada through Capital Cost Allowance
Aircraft tax strategy · Canada

The Canadian
aircraft write-off.

Canada now allows a full first-year write-off on an aircraft in income-earning service, and a fractional share counts.

100% depreciation in year one,
against the income it earns.

The aircraft tax write-off in Canada runs through Capital Cost Allowance (CCA), which lets owners deduct income-earning equipment. A private jet placed into revenue charter service is exactly that, and Canada now allows the full cost to be written off in the first year rather than a percentage at a time. The operating costs of earning that income are deductible alongside it.

You do not have to buy a whole aircraft to use it. A fractional share is an ownership interest in an aircraft that sits in revenue service from day one, so the same first-year treatment is what your advisors will be looking at, on a purchase price that starts far lower.

Reviewed September 2026 · General information only. Rules change; confirm current details and their conditions with your tax advisor.

How it works

The CCA structure,
step by step.

1

Acquire the aircraft

Jet Corp sources aircraft that fit the program, like the Global Express and Citation X, and structures the acquisition with your advisors.

2

Place it in charter service

The aircraft earns revenue in our Part 135 charter network: income-producing use, the foundation of the deduction.

3

Write off 100% in year one

Your tax planner claims the full first-year deduction against income, along with the deductible costs of earning it.

4

Earn while you hold

CARNIVORE keeps the aircraft flying paid legs, so you hold an income-producing asset while the write-off works.

Your situation

We don't do your math.

Every owner's numbers are different.

What the write-off is worth to you depends on your income, your corporate structure, your province, and how the aircraft is used, and no website can calculate that for you. Bring your tax planner, and we'll work with them directly: the aircraft, the charter placement, and the documentation that supports the deduction.

Nothing on this page is tax, legal, or investment advice. Consult your own advisors about your specific circumstances.

Qualifying

What supports the private jet tax deduction in Canada, and what to watch.

What supports it

  • Aircraft used to earn income, e.g. revenue charter placement
  • Managed Part 135 operation with documented flight activity
  • Operating costs incurred to earn the charter income
  • A structure set up with your tax and legal advisors from day one

What to watch

  • Personal use reduces the deductible share and can create taxable benefits
  • Recaptured CCA is income on sale, though a replacement aircraft in the same class can absorb the proceeds and keep the deductions going
  • Provincial tax and GST/HST/PST treatment vary, so plan them up front
  • First-year rules changed recently and can change again, so confirm the current treatment and its conditions with your advisor before you commit

In the United States?

U.S. buyers reach the same place by a different route: 100% bonus depreciation, which allows the full purchase price to be deducted in year one for qualifying business use.

Read the U.S. private jet tax write-off guide
Put it to work

Our investment program is built around income-earning aircraft.

Jet Corp's private jet investment structures pair the deduction with charter income: a guaranteed-return program at a contractually fixed 6–9%. We source the aircraft, place it with our vetted Part 135 operators, and manage everything. If you would rather own a share than the whole aircraft, see what fractional jet ownership costs and how to compare fractional programs.

See the investment structures
FAQ

Canadian aircraft tax questions, answered.

Can I write off an aircraft in Canada?
Yes. When an aircraft is used to earn income, for example placed into revenue charter service, Canadian owners can claim Capital Cost Allowance (CCA) on the aircraft. Canada now allows the full cost to be written off in the first year rather than a percentage at a time. Your tax planner can confirm how the rules apply to your situation and what conditions attach.
How does Capital Cost Allowance work for aircraft?
CCA is Canada's system of tax depreciation. Aircraft fall into a dedicated class, and where the historic pattern was a percentage of the remaining cost each year, a full first-year write-off is now available on aircraft in income-earning use. First-year rules change with legislation, so the current numbers and the conditions on them should come from your tax advisor, not a website.
Does placing my aircraft in charter service count as earning income?
Yes. Revenue charter through a managed program like Jet Corp's is income-producing use of the aircraft, which is the foundation for claiming CCA and deducting related expenses. That applies to a fractional share as well as a whole aircraft: the aircraft is in revenue service either way. The ownership and operating structure matters, so it should be set up with professional advice.
Can I deduct operating costs as well?
Generally, expenses incurred to earn the charter income (management, maintenance, crew, and similar operating costs) are deductible against that income. Which costs qualify in your structure is a question for your tax planner.
What about personal use of the aircraft?
Personal use reduces the business-use share of the aircraft and the deductions that go with it, and can create taxable-benefit issues if a corporation owns the aircraft. Usage should be planned and documented with your advisor.
What happens when I sell the aircraft?
If the sale proceeds exceed the undepreciated capital cost of the class, previously claimed CCA can be recaptured into income. Writing the full cost off in year one does not remove that: it brings the deduction forward, it does not erase it. Many owners upgrade instead: acquiring a replacement aircraft in the same CCA class adds to the pool and can absorb the proceeds, deferring the recapture and keeping the deductions going. Plan each purchase and exit with your tax advisor.
Do the rules differ by province?
Provincial taxes and sales-tax treatment (GST/HST/PST) vary, and they affect the economics of ownership and charter placement. A Canadian aviation tax advisor can walk you through the rules where you live.
Business jet on the ramp at sunset, Canadian private jet investment with Jet Corp
Talk it through

Bring your tax planner.
We'll bring the aircraft.

Tell us what you're planning and we'll coordinate the aviation side with your advisors. Qualified investors only.

Contact Jet Corp Explore investment structures
Reading from the United States? U.S. buyers get the same year-one write-off through bonus depreciation. Read the U.S. guide