May 2012

Calgary 2013 Advanced Consultation Period (Oct 4 - 31, 2012)

It's that time of the year again ... Non-residential property owners and occupiers in Calgary, mark your calendars! The City has announced that its 2013 Advanced Consultation Period will start on October 4 and continute until October 31, 2012. During this time, taxpayers are given the opportunity to engage in a 2-way exchange of information discussing property and business specific questions in advance of the 2013 Assessment Notice mailing. Upon contacting the City, taxpayers are provided with the preliminary 2013 property or business assessment.

Representatives must have valid Authorization of Agency (AOA) filed with the City of Calgary prior to the commencement of any discussions during the 3 week period.

Customer Review Period

Following the mailing of the 2013 assessment notices in January 2013, all taxpayers will have a 60 day period in which to participate in discussions regarding the correctness and fairness of the subject assessment. The values reflected on the 2013 assessment notices will be based on the market value of property and the typical net annual rental value of the business space as of July 01, 2012.

Calgary's Business Tax Consolidation - What You Need to Know

In what is a massive change to the City's taxation process, the City of Calgary is consolidating its business tax with non-residential property tax. A change of this magnitude will require an implementation period of 7 years, with the phased rate breakdown detailed by in the City of Calgary Business Tax Consolidation website.

Hot Off the Press: Great Changes to Nova Scotia Appeal Process

Great News ... Hot off the Presses!

Service Nova Scotia has announced several major changes to its appeal process and the publication of real estate sale prices.

AEC is proud to have been a participant in the stakeholder consultations that has allowed for this positive legislation change to be passed. The changes are expected to be implemented for the 2013 assessments.

Read here for full details on the changes, and it's impact on your assessment appeals.

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