Interim Tax Relief for Resort Owners

Year
2010
Category
Taxation
NCLGA Ref#
B29
UBCM Ref#
B127

Status

Endorsed by the NCLGA Membership - Defeated by the UBCM Membership

Details

WHEREAS property assessments have risen astronomically in recent years for owners of small resorts;

AND WHEREAS the recent economic downturn has further reduced an already seasonal business operation for owners of small resorts, creating an imbalance between property taxes due and income received;

NOW THEREFORE BE IT RESOLVED that the North Central Local Government Association and UBCM lobby the Surveyor of Taxes to provide interim tax relief for small resort owners; wherein resorts would be taxed proportionally to the time they are in operation ( 6 months per year max) or 50% of the current tax.

Additional Information

UBCM comments:

The UBCM membership has not previously considered a resolution requesting that interim tax relief be provided to small resort owners.