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Property Tax Rebate
Program
Notice to Registered Charities Legislation recently passed by the Province of Ontario requires municipalities to have a tax rebate program for registered charities for the years 2001 and beyond. The rebate will be based on 40% of the charity's property taxes. If you are a registered charitable organization under the provisions of the Canada Income Tax Act and lease space in or own and occupy a commercial or industrial building, you may be eligible to receive a 40% rebate in property taxes this year. For purposes of this program, a charity is defined in subsection 248(1) of the Income Tax Act (Canada) and has a registered number with Canada Customs and Revenue Agency. Registered charities may apply for this rebate by completing the application and returning it to the City of Pickering, Tax Section, One The Esplanade, Pickering Ontario L1V 6K7. Applications must be made after January 1st of the year, and no later than the last day of February of the following year.
If you have any further questions, please do not hesitate to contact the Tax Section at 905.420.4614. |
