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Provincial Land Tax Act, 2006
Loi de 2006 sur l’impôt foncier provincial

ONTARIO REGULATION 224/09

Tax Rates

Consolidation Period: From April 21, 2016 to the e-Laws currency date.

Last amendment: O. Reg. 103/16.

This Regulation is made in English only.

Tax rate

1. (1) For the purposes of subsection 4 (1) of the Act, for land in a locality, the tax rate for 2016 for the property classes set out in Column 1 of Table 1 is the rate set out opposite the property class in Column 2. O. Reg. 224/09, s. 1 (1); O. Reg. 446/12, s. 1 (1); O. Reg. 41/14, s. 1 (1); O. Reg. 146/15, s. 1 (1); O. Reg. 103/16, s. 1 (1).

(2) For the purposes of subsection 4 (1) of the Act, for land not in a locality, the tax rate for 2016 for the property classes set out in Column 1 of Table 2 is the rate set out opposite the property class in Column 2. O. Reg. 224/09, s. 1 (2); O. Reg. 446/12, s. 1 (2); O. Reg. 41/14, s. 1 (2); O. Reg. 146/15, s. 1 (2); O. Reg. 103/16, s. 1 (2).

Tax rate, railway companies and power utilities

2. (1) The tax rate imposed on land described in paragraph 1 of subsection 5 (2) of the Act is $0.24 per acre.  O. Reg. 224/09, s. 2 (1); O. Reg. 146/15, s. 2 (1); O. Reg. 103/16, s. 2 (1).

(2) The tax rate imposed on land described in paragraph 2 of subsection 5 (2) of the Act is $5.05 per acre.  O. Reg. 224/09, s. 2 (2); O. Reg. 146/15, s. 2 (2); O. Reg. 103/16, s. 2 (2).

Prescribed power utilities

3. (1) A designated electricity utility, as defined in subsection 19.0.1 (5) of the Assessment Act, is prescribed as a power utility for the purposes of paragraph 2 of subsection 5 (2) of the Provincial Land Tax Act, 2006.  O. Reg. 224/09, s. 3 (1).

(2) The following corporations are prescribed as power utilities for the purposes of paragraph 2 of subsection 5 (2) of the Act:

1. Great Lakes Power Limited.

2. Canadian Niagara Power Company Limited.

3. Cedar Rapids Transmission Company Limited.

4. Inco Limited.

5. NAV Canada.

6. Cornwall Street Railway Light & Power Company Limited.  O. Reg. 224/09, s. 3 (2).

Minimum annual tax

4. The minimum amount of tax payable under the Act on land for a taxation year is,

(a) $12.50 in respect of land in the farm property class or the managed forests property class;

(b) $50 in respect of land in any other property class. O. Reg. 103/16, s. 3.

5. Omitted (provides for coming into force of provisions of this Regulation).  O. Reg. 224/09, s. 5.

Table 1
tax rates for land in a locality

Item

Column 1

Property Class

Column 2

Rate

1.

Residential Property Class

0.002117

2.

Multi-Residential Property Class

0.002117

3.

Farm Property Class

0.000529

4.

Managed Forests Property Class

0.000529

5.

Commercial Property Class

0.001344

6.

Industrial Property Class

0.001192

7.

Pipe Line Property Class

0.004803

O. Reg. 103/16, s. 3.

Table 2
tax rates for land not in a locality

Item

Column 1

Property Class

Column 2

Rate

1.

Residential Property Class

0.000754

2.

Multi-Residential Property Class

0.000754

3.

Farm Property Class

0.000188

4.

Managed Forests Property Class

0.000188

5.

Commercial Property Class

0.001344

6.

Industrial Property Class

0.001192

7.

Pipe Line Property Class

0.004803

O. Reg. 103/16, s. 3.