All Resources

Frequently asked questions : non-residential property tax deferral

Description

Answers some of the commonly-asked questions regarding education property tax deferrals. In order to alleviate acute liquidity concerns anticipated as a result of COVID-19, government has asked... More ≫

Description

Answers some of the commonly-asked questions regarding education property tax deferrals. In order to alleviate acute liquidity concerns anticipated as a result of COVID-19, government has asked municipalities to provide a six-month deferral of non-residential education property tax or a combined municipal and education property tax deferral that is effectively equivalent to a six month deferral of education property tax.

Tags

Non-residential property tax deferral guidelines

Description

In order to alleviate acute liquidity concerns anticipated as a result of COVID-19, government has asked municipalities to provide a six-month deferral of non-residential education property tax or... More ≫

Description

In order to alleviate acute liquidity concerns anticipated as a result of COVID-19, government has asked municipalities to provide a six-month deferral of non-residential education property tax or a combined municipal and education property tax deferral that is effectively equivalent to a six month deferral of education property tax. Municipalities are encouraged to consider similar programs to defer the municipal portion of business property taxes to further support local businesses.

Tags