ontario regulation 146/15

made under the

Provincial Land Tax Act, 2006

Made: June 16, 2015
Filed: June 17, 2015
Published on e-Laws: June 17, 2015
Printed in The Ontario Gazette: July 4, 2015

Amending O. Reg. 224/09

(TAX RATES)

1. (1) Subsection 1 (1) of Ontario Regulation 224/09 is amended by striking out “2014” and substituting “2015”.

(2) Subsection 1 (2) of the Regulation is amended by striking out “2014” and substituting “2015”.

2. (1) Subsection 2 (1) of the Regulation is amended by striking out “$0.09” and substituting “$0.12”.

(2) Subsection 2 (2) of the Regulation is amended by striking out “$2.05” and substituting “$2.65”.

3. Tables 1 and 2 of the Regulation are revoked and the following substituted:

Table 1
tax rates for land in a locality

 

Property Class	Rate
Residential Property Class	0.001717
Multi-residential Property Class	0.001717
Farm Property Class	0.000429
Managed Forests Property Class	0.000429
Commercial Property Class	0.000694
Industrial Property Class	0.000542
Pipe Line Property Class	0.002453

Table 2
tax rates for land not in a locality

 

Property Class	Rate
Residential Property Class	0.000354
Multi-residential Property Class	0.000354
Farm Property Class	0.000088
Managed Forests Property Class	0.000088
Commercial Property Class	0.000694
Industrial Property Class	0.000542
Pipe Line Property Class	0.002453

Commencement

4. This Regulation comes into force on the day it is filed.

Made by:

Charles Sousa

Minister of Finance

Date made: June 16, 2015.