for "property tax act"
The Prince Edward Island Real Property Tax Act came into effect on January 1, 1972. This publication is an historical summary of the commercial and non-commercial property tax rates per $100 of assessment.
Effective April 1, 2013, the Province has harmonized its sales tax with the federal goods and services tax.
This section provides general information on Real Property Transfer Tax including legislative authority, applicability, rate and payment requirements. What is Real Property Transfer Tax? The purchaser of real property on Prince Edward Island must file an Affidavit of Purchaser...
This section provides information for property owners on annual property tax bill charges. Under the Real Property Tax Act and Real Property Tax Act Regulations the Province provides a centralized collection system for property taxation. Annual property taxes and charges may...
This section provides information for property owners on the public auction of property due to tax sale. What are property tax sales? A property may be sold at tax sale if property taxes and charges are in arrears for twenty-four (24) months or more and no acceptable payment...
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the real property is being purchased by first-time home buyers. What is the Real Property Transfer Tax first-time home buyers exemption? Real Property Transfer Tax that normally...
This section provides information on eligibility for a waiver of Real Property Transfer Tax where a person transfers real property to a corporation that the person wholly owns; or a corporation transfers real property to another corporation and both corporations are wholly owned...
The Rental Unit Property Tax Subsidy has been created to help offset increasing costs for landlords associated with the 2023 rental freeze. The subsidy aims to provide relief on provincial property taxes payable in 2023 and decrease landlord property tax costs. This will allow...
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the transfer of real property is as a result of a marriage breakdown. What is the Real Property Transfer Tax marriage breakdown exemption? Real Property Transfer Tax that normally...