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The British Columbia Assessment Authority is a publicly owned Crown Corporation in the Province of British Columbia, Canada. BC Assessment was created in 1974, as a result of a provincial government all-party committee unanimous recommendation that an independent assessment agency be created. Its mandate is to provide property assessment values ...
The final property tax amount is calculated by multiplying the municipal final property tax rate for the year by the BC Assessment value. Vancouver has the lowest property tax in Canada as a percentage of assessed value [13] because while property values are extremely high, the city's budget has stayed relatively constant.
The annual property tax for any province contains at least two elements: the municipal rate and the education rate. The combination of municipal and education tax portions along with any base taxes or other special taxes determines the full amount of the tax. These taxes account for about ten percent of total taxation in Canada. Land Transfer Tax
Municipalities then take the assessment roll, and calculate property taxes for each individual property in their jurisdiction. The head office is located in Pickering, Ontario. MPAC, formerly known as OPAC (Ontario Property Assessment Corporation), was created on December 31, 1997, as a method to create accurate and equitable assessments across ...
This is a list of land districts of British Columbia, Canada. Land districts are the cadastral system underlying land titles in the province, and used by the provincial gazetteer in descriptions of landforms, administrative areas, and other information.
A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).
Topographical map of British Columbia. Geography of British Columbia. British Columbia is: a province of Canada; Location: The regions in which British Columbia is located are: Northern Hemisphere, Western Hemisphere. Americas. North America. Northern America. Canada. Western Canada; Extreme points of British Columbia
Add {{British Columbia regional districts map|map=Census divisions BC.png}} in articles pertaining Regional districts of British Columbia. The map parameter is optional, it can be changed with equal map images, the default is Census divisions BC.png. A regional district map with linked labels will be rendered.