Permissive Tax Exemptions
Notice of Permissive Tax Exemptions
Pursuant to Section 224 of the Community Charter, Bowen Island Municipal Council intends to adopt a bylaw amendment exempting from property taxation for the remaining two years, 2022 and 2023, the lands and/or improvements that are owned or held by charitable, philanthropic or other not-for-profit organizations and that Council considers are used for a purpose that is directly related to the purposes of the Corporation. The additional properties being considered at the October 12, 2021 Regular Council meeting and their estimated total property taxes that would otherwise be imposed if they were not exempt are:
Questions? Please contact Sheila McCutcheon, Chief Financial Officer at firstname.lastname@example.org or 604-947-4255 ext. 256.
Applying for a Permissive Tax Exemption
Section 224 of the Community Charter gives Council the authority to exempt certain properties from municipal property taxes. Council considers Permissive Tax Exemptions for non-profit organizations that contribute to the well being of Bowen Island residents and makes improvements to their quality of life.
Organizations thinking of applying for a Permissive Tax Exemption must successfully meet the criteria as outlined in the Permissive Tax Exemption Policy.
Applications are due by 4:30 pm on June 30 every year.
Last Updated on 2021-09-27 at 3:24 PM