Printer Friendly | BackTax & Fee Structure - 2010
THE FOLLOWING TAX STRUCTURE AND SCHEDULE OF MUNICIPAL FEES IS IN EFFECT FOR THE YEAR 2010:
RESIDENTIAL PROPERTY TAX 4.35 Mils (Assessed Property Value)
COMMERCIAL PROPERTY TAX 20.50 Mils (Assessed Property Value)
Where a husband and wife own real property in the Town of Labrador City, Council designates the husband to be the owner for the purpose of real Property Tax, unless otherwise notified by one or both of the owners.
The Town of Labrador City has an annual Property Tax Rebate Program for Senior Citizens, Widows/Widowers, and Early Retirees due to health or disability. Criteria and applications are available at the Town Hall.
Minimum Commercial Property Tax is $150.00 per annum.
WATER RATES
| Industrial Use | $2.00 per 1000 gallons |
| Commercial Use | $1.34 per 1000 gallons |
| Institutional Use | $1.34 per 1000 gallons |
| Minimum Flat Rate | $345.00 per unit |
RESIDENTIAL WATER AND SEWER $250.00 per unit
BUSINESS TAX
| Group 1 | 4.975% of Assessed Value |
| Group 2 | 2.60% of Assessed Value |
| Group 3 | 2.55% of Assessed Value |
| Group 4 | 1.00% of Assessed Value |
| Group 5 | 0.90% of Assessed Value |
| Group 6 | Greater of $270.00 or 3.00% of Gross Revenue |
| Group 7 | 4.00% of Assessed Value |
Minimum tax bill for all groups is $270.00 per annum.
For Business Group Description - Click Here
UTILITIES AND CABLE TELEVISION COMPANIES TAX
Utilities and cable television companies are taxed at a rate of 2.5% of gross revenue derived within the municipality served by the Council of The Town of Labrador City in the preceding year. Utility and cable television companies are required to submit to Council by February 01 of the current year a sworn or affirmed statement of its gross revenue in the preceding year.
TAXPAYERS ARE ADVISED THAT ALL TAXES ARE DUE AND PAYABLE 30 DAYS AFTER THE INVOICE DATE. INTEREST WILL BE CHARGED AT THE RATE OF PRIME (as of January 1, 2010) PLUS 3% PER ANNUM ON ALL TAX ACCOUNTS STILL OUTSTANDING AFTER THAT DATE.
Municipal Fee Schedule 2010
Labrador City Recoverable Work Rate Policy - Residential
Labrador City Recoverable Work Rate Policy - Commercial
Recreational Facilities Fees and Rental Rates
Wabush Tax Structure
Administration Hours of Operation Civic Holidays Revenues & Expenditures
Property Tax Calculation Tax Rebate
Employment Opportunities Provincial Forms
