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Search: Posts Made By: Novocastrian
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Forum: Canada
Feb 27th 2015, 8:57 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

I'm beginning to wish we'd never started this discussion :(, but how can the assessed value of a property be based on the actual value of the property and at the same time be a fixed percentage of...
Forum: Canada
Feb 25th 2015, 12:54 am
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

I don't often agree with your points of view and I also don't think you are either stupid or unfamiliar with financial practices, but you (at least appeared to) have claimed that the Assessed Value...
Forum: Canada
Feb 19th 2015, 10:22 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

I agree that the debate is to a certain extent semantic, but if we think of Federal budgets instead, if the budgetary requirements increase then it is the various tax rates, for example income tax...
Forum: Canada
Feb 19th 2015, 9:58 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

From your wiki link...

"Canada
Many provinces in Canada levy property tax on real estate based upon the current use and value of the land. This is the major source of revenue for most municipal...
Forum: Canada
Feb 14th 2015, 10:49 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

You wouldn't and don't. Except for the small problem that property taxes are the overwhelmingly largest source of funds for a city. But the idea of tying the assessed value to a cities budgetary...
Forum: Canada
Feb 13th 2015, 8:58 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

I'm sure you know what you're talking about, but that's very different from e.g. the GTA. The assessed value isn't adjusted to reflect the city budget needs, the mil rates are. The assessed value is...
Forum: Canada
Feb 13th 2015, 8:37 pm
Replies: 28
Views: 2,191
Posted By Novocastrian

Re: Calgary Property Tax Assessment

:confused:

I suspect you may have more problems than you think.
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