Replace of municipal tax law: Province expands COVID-19 property tax reduction – tax

Canada:

Update of municipal tax law: Province expands COVID-19 property tax relief

December 09, 2020

Minden Gross LLP

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PROVINCE EXTENDS COVID-19 PROPERTY TAX RELIEF FOR SHOP OWNERS (and other businesses) in LOCKDOWN AREAS:

Following our “Local Tax Act Update: COVID-19 Property Tax Relief For Eligible Companies” dated November 17, 2020 (click here for a link), an update was made to the Ontario Government website on December 1, 2020 to expand the COVID-19 property tax refund program to include the following additional businesses that would be eligible When a region is locked:

  • Retail must be closed for personal purchases;
  • Shopping centers;
  • personal services;
  • Driving instruction;
  • Tour and tour guide;
  • Photography services; and
  • Campsites

The full government publication can be found at: https://www.ontario.ca/page/businesses-get-help-covid-19-costs.

The content of this article is intended to provide general guidance on the subject. You should seek advice from a professional about your particular circumstances.

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