Municipal Tax Law Update - February 2019

Deadlines

The Assessment Appeal Deadline for non-Residential properties for the 2019 taxation year is April 1, 2019 (March 31st falls on a Sunday this year). An appeal is not required if an appeal is still pending for 2018.

Please note that MIXED-USE properties with a Residential component and Residential properties may have a DIFFERENT deadline date for filing the prerequisite Request for Reconsideration (RFR). CHECK THE RFR DATE ON YOUR NOTICE OF ASSESSMENT!

If you do not have a copy of your Notice of Assessment, you can telephone MPAC at 1-866-296-6722 to request one.

The Deadline Date for filing Tax Rebate Applications (i.e. vacant unit*, charity) as well as Tax Adjustment Applications (i.e. fire, demolition, error in the calculation of taxes, change in use) for the 2018 taxation year is FEBRUARY 28, 2019.

*Please note that many municipalities have or are in the process of phasing out the vacant unit rebate. Check with your local municipality to confirm whether the vacant unit rebate is still available for the 2018 taxation year.

DID YOU KNOW: If you own or plan on purchasing an Exempt property that will become taxable, you should appeal the assessment value NOW if it is too high. If you wait until the property becomes taxable, you may lose your right to challenge the value retroactive to the date it becomes taxable.

Should you have any questions about any of the matters discussed in this email, please contact me, Melissa Muskat, at either mmuskat@mindengross.com or at 416.369.4313.