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Content tagged with: Taxation, Assessments

Reassessment delay impedes Ontario property tax redistribution

Scott Powell Condominiums Taxation, Assessments Ontario Jan. 22 2025

An analysis of over 3,400 residential sales between July 1, 2023, and June 30, 2024, in Vaughan, Ont., reveals outdated property assessment values resulting from delayed provincial reassessments, is resulting in inequitable tax distributions for residential properties.

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