ONTARIO REGULATION 446/12
made under the
PROVINCIAL LAND TAX ACT, 2006
Made: December 14, 2012
Filed: December 20, 2012
Published on e-Laws: December 20, 2012
Printed in The Ontario Gazette: January 5, 2013
Amending O. Reg. 224/09
(TAX RATES)
Note: Ontario Regulation 224/09 has not previously been amended.
1. (1) Subsection 1 (1) of Ontario Regulation 224/09 is amended by adding “for 2013” after “the tax rate”.
(2) Subsection 1 (2) of the Regulation is amended by adding “for 2013” after “the tax rate”.
2. 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
0.00161727
Multi-residential Property Class
0.00161727
Farm Property Class
0.00040432
Managed Forests Property Class
0.00040432
Commercial Property Class
0.00054436
Industrial Property Class
0.00039189
Pipe Line Property Class
0.00190290
TABLE 2
TAX RATES FOR LAND NOT IN A LOCALITY
Property Class
Rate
Residential Property Class
0.00025393
Multi-residential Property Class
0.00025393
Farm Property Class
0.00006348
Managed Forests Property Class
0.00006348
Commercial Property Class
0.00054436
Industrial Property Class
0.00039189
Pipe Line Property Class
0.00190290
Commencement
3. This Regulation comes into force on the later of January 1, 2013 and the day it is filed.
Made by:
Dwight Douglas Duncan
Minister of Finance
Date made: December 14, 2012.