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.