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Understanding your property taxes

Understanding your property taxes

➡️  Property taxes are calculated using the assessed value of your property and multiplying it by the combined municipal and education tax rates for your property class.

➡️  Your municipality or local taxing authority determines their revenue requirements, sets municipal tax rates and policies, and collects these property taxes to pay for your municipal services.

➡️  Looking for more information about your property taxes? Visit https://www.ontario.ca/page/list-ontario-municipalities and search for your municipality

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