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Content tagged with: Taxes

Bringing uniformity to New Brunswick tax assessments would ease many headaches

Rob Newman Commercial Taxes Atlantic Canada 4 days ago

As a taxpayer, nothing’s more unsettling than knowing you’re being treated unfairly. For example: a developer who is constructing a multifamily apartment building reached out with a situation symbolic of a widespread issue in New Brunswick’s flawed property tax system.

Inequity of property taxation: What's the cost and what must be done?

Commercial Taxes National Mar. 13 2023

Property taxes are the single largest operating expense for most commercial real estate properties. Canadian property taxes are ad valorem, or market-value based. In other words, within classes of property, higher-valued properties pay more property tax. 

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