Toronto’s intensive growth has reshaped the skyline in recent years. It has also ushered in a new and perverse system of property tax assessment known as “highest and best use.” Under this methodology, the Municipal Property Assessment Corporation …
Property Tax
In this section, you’ll find relevant information about property tax and its implication on property owners and businesses. Although detailed information about property taxes itself can be found at the City of Toronto’s website, the focus here is around businesses and the impact of taxes on them.
TABIA Beer & Taxes Event Speech Lionel Miskin, TABIA Vice President November 13, 2018. We all know that the root of our property tax problems lies in the assessment methodology. So the system has been tweaked over …
An illogical quirk in the apportionment of business education tax continues to undermine competitiveness for some of Ontario’s major cities, advocates for the commercial real estate sector maintain. REALPAC, the organization representing many of Canada’s largest real estate …
PROPERTY TAX REVISITED, WITH AN OPTION Council had directed the Interim Chief Financial Officer to explore and report on options for property taxation in 2019 and years following. Obviously Council perceived, quite properly, that the current system …