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B.C. ends split classifications for some farms


December 2, 2009
By Grainews

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NEWS HIGHLIGHT

B.C. ends split classifications for some farms
British Columbia will change its tax assessment system for farms
to end an unloved split classification on certain farm properties.

November 30, 2009,
Victoria, B.C. – British Columbia will change its tax assessment system for farms
to end an unloved split classification on certain farm properties.

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Following a recommendation
from the July report of its Farm Assessment Review Panel, the province recently
said it will eliminate the split classification of farm properties on B.C.’s
Agriculture Land Reserve (ALR) that aren’t used for other purposes.

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