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Permissive Tax Exemptions
Under the provisions of Section 224 of the Community Charter, Council may, on or before October 31, exempt land and/or improvements from municipal property taxes for the next calendar year, subject to meeting certain requirements which in general, restrict exemption to non-profit organizations using the lands for specific non-profit purposes.
Policy No. 6.15 requires your organization to submit a copy of its most recent financial statements and budget, as well as a copy of the latest registered charity or non-profit organization information return. Also, please take note of Section 5 of the policy which sets out a tax exemption cap of $225,000. This may result in proportionately reduced exemptions for all recipients.
Please see the policy below for eligibility and criteria.
The deadline for the 2024 taxation year was June 30, 2023.
If you have any questions, please contact the Manager of Administrative Services at 250 954-3070 or by email at administration@parksville.ca.
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