F-2.1 - Act respecting municipal taxation

Section 253.30 Disposition versions

1999-10-22

253.30. The averaging of the variation in the taxable value of the eligible unit of assessment or business establishment shall be achieved by using, for the purpose of computing the taxes imposed for the first two fiscal years for which the roll concerned applies, an adjusted value instead of the taxable value entered on the roll.

The adjusted value is equal, in the case of an increase, to the sum of the values mentioned in subparagraphs 1 and 2 and, in the case of a decrease, to the difference obtained by subtracting the value mentioned in subparagraph 2 from the value mentioned in subparagraph 1:

(1)  the taxable value of the unit establishment entered on the roll in force on the day preceding the coming into force of the roll concerned pursuant to section 253.28;

(2)  the value equal to one-third or two-thirds, according as the adjusted value is computed for the first or the second fiscal year, of the variation in value computed in accordance with section 253.28.

Where the roll concerned is prepared only for two fiscal years in the case referred to in the second paragraph of section 72, the adjusted value shall be used only for the purpose of computing the taxes imposed for the first fiscal year, and the proportion of the variation in value referred to in subparagraph 2 of the second paragraph is one-half instead of one-third or two-thirds.

1988, c. 76, s. 78; 1991, c. 32, s. 141; 1999, c. 40, s. 133.

1999-04-01

253.30. The averaging of the variation in the taxable value of the eligible unit of assessment or place of business shall be achieved by using, for the purpose of computing the taxes imposed for the first two fiscal years for which the roll concerned applies, an adjusted value instead of the taxable value entered on the roll.

The adjusted value is equal, in the case of an increase, to the sum of the values mentioned in subparagraphs 1 and 2 and, in the case of a decrease, to the difference obtained by subtracting the value mentioned in subparagraph 2 from the value mentioned in subparagraph 1:

(1)  the taxable value of the unit or place entered on the roll in force on the day preceding the coming into force of the roll concerned pursuant to section 253.28;

(2)  the value equal to one-third or two-thirds, according as the adjusted value is computed for the first or the second fiscal year, of the variation in value computed in accordance with section 253.28.

Where the roll concerned is prepared only for two fiscal years in the case referred to in the second paragraph of section 72, the adjusted value shall be used only for the purpose of computing the taxes imposed for the first fiscal year, and the proportion of the variation in value referred to in subparagraph 2 of the second paragraph is one-half instead of one-third or two-thirds.

1988, c. 76, s. 78; 1991, c. 32, s. 141.

1988-12-23

253.30. The averaging of the variation in the taxable value of the eligible unit of assessment shall be achieved by using, for the purpose of computing the taxes imposed for the first two fiscal years for which the roll concerned applies, an adjusted value instead of the taxable value entered on the roll.

The adjusted value is equal, in the case of an increase, to the sum of the values mentioned in subparagraphs 1 and 2 and, in the case of a decrease, to the difference obtained by subtracting the value mentioned in subparagraph 2 from the value mentioned in subparagraph 1:

(1)  the taxable value of the unit entered on the roll in force on the day preceding the coming into force of the roll concerned pursuant to section 253.28;

(2)  the value equal to one-third or two-thirds, according as the adjusted value is computed for the first or the second fiscal year, of the variation in value computed in accordance with section 253.28.

Where the roll concerned is prepared only for two fiscal years in the case referred to in section 72.1, the adjusted value shall be used only for the purpose of computing the taxes imposed for the first fiscal year, and the proportion of the variation in value referred to in subparagraph 2 of the second paragraph is one-half instead of one-third or two-thirds.

1988, c. 76, s. 78.