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Ont. government changes classification for bunkhouses
December 13, 2010 By OMAFRA
NEWS HIGHLIGHT
Ont. government changes
classification for bunkhouses
Ontario is changing the farm bunkhouses property tax
classification from residential to farm beginning January 1, 2011.
December 13, 2010, Guelph, Ont – Ontario is changing the farm bunkhouses property tax
classification from residential to farm beginning January 1, 2011.
Farmers with residences that house temporary workers will
pay the farm property tax rate, which is 75 per cent lower than the residential
rate.
There are approximately 2,000 bunkhouses located on farms
across the province.
Farm
properties are assessed by Municipal Property Assessment Corporation based on
farmer-to-farmer sales of farmland and are taxed at 25 per cent of the
residential rate.
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