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HomeMy WebLinkAboutBy-law 1726BY-LAW N0 1726 0f the Corporation of the Township of Picketing to assess and levy for an occupancy tax. WHEal, AS the 1941 Amendment to the Assessment Act provides under Section 57a: "By-laws may be psssed by the councils of municipalities for requiring every person who, after the rate for the current year on real property has been levied, commences to occ~py premises, which after such rate has been levied cease to be exempt from taxation or a building which was erected after the return of the assessment roll, to pay an occupancy tax upon the com~.encement of such occupancy. Amount (a) The amount of the occupancy tax shall be computed by reference to the amount of the taxes, including those on business assessment, which such person would have been required to pay for the current year in respect of such premises or building if he had been previously assessed and made liable therefor, end shall be the part of the amount of such tsxes that is prooortionste to the part of the current year then remaining. Collection (b) The amount of the occupancy tax may be entered on the collector's roll and collected in the same manner as taxes. ','here tenant may deduct tax from rent (c) A tenant may deduct from his rent any occupancy tax paid by him which as between him and his landlord the latter ought to pay. Appeal (d) A person who is required to pay en occupancy tax shall have in respect thereto the right od appeal provided in this Act in the case of assessments." AND ~',~EREAS it is deemed advisable that new buildings be assessed for that portion of the year which they ere occupied and not previously ~aving beem assessed. BE IT THEREFORE ENACTED by the Municipal Council of the Township of Picketing: (1) That the Assessor be required to assess new buildings for t occupancy tax in compliance with Chapter 272, Section 57a of the Assessment Act. he (2) That the Clerk be required to levy the current rate of taxes on said properties and same to the current tax roll. PASSED this 6th day Heeve