Property Tax Rebate for Vacant Commercial & Industrial Buildings
Starting in 2001, the Province implemented a new approach to taxation of vacant buildings on commercial and industrial properties. In prior years, vacant commercial and industrial units were shown on the assessment roll with the realty tax qualifier "U" and were taxed at reduced rates. The assessment roll no longer indicates vacant units and consequently these properties are now taxed at full commercial or industrial rates as applicable.
Property tax relief for vacant commercial and industrial buildings will now be provided through tax rebates that are to be issued by the municipality.
Application, in the prescribed form, must be submitted to the City Treasurer by the last day of February of the year following the taxation year to which the application relates.
Applications received after the last day of February will not be considered for rebate.
To be eligible for a rebate, a building or a portion of a building must satisfy certain conditions including: being unused for 90 consecutive days, must have been available for lease, and must not be subject to any lease agreements.
Seasonal property, space used to store the owners personal items, leased property and vacant land sub class property is not eligible for a rebate.
This new rebate program is governed by Section 364 of The Municipal Act and Ontario Regulation 325/01.
When submitting an application please ensure a building floor plan is included, as well as any applicable lease documents.
If you are downloading the application, please note that it should be printed on legal size paper (8.5" by 14"), in portrait format. The application should be completed and signed, and the Appendix signed in front of a Commissioner for signing oaths. Upon completion, the Application and Appendix should be delivered in person, via mail to the City of Sarnia, c/o Customer Service, 1st Floor City Hall, to the attention of the City Treasurer or emailed to firstname.lastname@example.org. Please do not send via fax.
The County of Lambton is proposing a change to the Property Tax Policy for its area municipalities including the City of Sarnia. This includes the elimination of Vacancy Rebates. The County of Lambton is responsible for the property tax policy, and due to a recent change in Provincial policy now can decide whether to continue the program or not. A briefing document is available at https://sarnia.civicweb.net/FileStorage/0D610D10090F48BD856292B219C0C811-VACANCY%20combined.pdf
Property owners have an opportunity to provide their comments to County Councillors before County Council is asked to approve this change as part of its 2018 Tax Policy determinations, scheduled for April 4, 2018.
County Councillor contact information: http://www.lambtononline.ca/home/government/accessingcountycouncil/countycouncillors/Pages/default.aspx
Tax Rebate for Eligible Charities and Similar Organizations
Eligibility for the Tax Rebate for Eligible Charities and Similar Organizations is defined as follows: Eligible Charity means a registered charity as defined in subsection 248.1 of The Income Tax Act (Canada) as amended, that has a registration number issued by the Canada Customs and Revenue Agency.
Eligible Similar Organization means an organization as described in County of Lambton By-law Number 41 of 2001.
Eligible Property means property occupied by an eligible charity or similar organization that is in one of the commercial property classes or in one of the industrial property classes within the meaning of Section 361 of The Municipal Act.
Application, in the prescribed form, must be submitted to the City Treasurer by the last day of February of the year following the taxation year to which the application relates. Applications received after the last day of February will not be considered for rebate.
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This page was reviewed or revised on Monday, March 12, 2018 12:08 PM