Twenty-four years ago, former Toronto Mayor David Crombie strongly recommended that property tax assessment be based on value in current use. This newly-relevant recommendation was featured in a report by the property tax sub-panel of the “Who …
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.
Lionel Miskin, TABIA Vice President / Chair of TABIA Tax Committee This could be the shortest report I’ve ever delivered. I could simply say: refer to last year’s report because nothing has changed. But let me start …
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 …
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 …