C-19 - Cities and Towns Act

Section 491 Disposition versions

1979-12-21

491. (Repealed).

R. S. 1964, c. 193, s. 527; 1968, c. 53, s. 4; 1969, c. 55, s. 25; 1971, c. 50, s. 120; 1971, c. 55, s. 6; 1979, c. 72, s. 311.

1977-12-31

491. Instead of the annual dues or taxes contemplated in section 490, the council may impose and levy on all or some of the categories or classes of trades or occupations contemplated in such section a business tax the rate of which shall not exceed 10% of the rental value, according to the valuation roll, of the immoveables or parts of immoveables in which such trades or occupations are carried on.

If such tax is imposed on only some of such categories or classes, the amount exigible from the same person shall not exceed five thousand dollars for each immoveable or part of an immoveable in which the trade or occupation is carried on.

Nevertheless, if it is imposed on all the categories or classes, the maximum rate which may be fixed is that obtained by dividing 25% of the amount of the taxes, licences, permits and compensation imposed by by-law or resolution of the council and entered in the report for the last fiscal year for which the accounts of the municipality were audited under section 108 by the rental value of the immoveables mentioned in the first paragraph; the rate, however, shall never exceed 10%; nevertheless, the total amount exigible from the same person in this case shall not exceed 10% of the amount obtained by multiplying the total amount of the rental values by the rate fixed by the council.

The business tax imposed under this section shall replace the annual dues or taxes contemplated in section 490 as regards the categories or classes subject thereto; the others shall remain subject to the annual dues or taxes contemplated in such section 490.

R. S. 1964, c. 193, s. 527; 1968, c. 53, s. 4; 1969, c. 55, s. 25; 1971, c. 50, s. 120; 1971, c. 55, s. 6.