Application Form For Rebate Of Property Taxes (Page 4 of 4) in pdf

Application for Rebate of Property Taxes

For Vacancies in Commercial and Industrial Buildings within the City of Waterloo

APPLICATION PROCESS

The following steps are followed by the City of Waterloo with respect to the processing of vacancy application:



The property owner or authorized representative submits an application on or before deadline

Applications received after deadline will not be accepted. The owner of the property is responsible for ensuring that the

application is received by the City of Waterloo on time and for retaining proof of submission of application and a copy of

the application.



The application is forwarded to the Municipal Property Assessment Corporation (MPAC) for a determination of the

assessment value associated with the eligible vacant portion of the property



The initial verification process begins. Documents are reviewed and additional requests for documentation are made if

required



The secondary verification process may be required. The secondary verification may include a property inspection or a

request for further information.



MPAC determines and provides the assessed value of the eligible vacant property to the City of Waterloo



The City of Waterloo verifies the claim based on the evidentiary documents provided



The City of Waterloo calculates the amount of the rebate and notifies the property owner



The vacancy credit is applied to tax account, and refunded to the owner upon request.

When the rebate has been processed, Vacancy Rebate notice indicating the amount of the rebate will be issued to the

applicant/agent. The City of Waterloo has the authority to credit all or part of the rebate against an outstanding tax liability of

the owner

If no tax liability exists, a refund will be issued upon receiving a written request from the owner of property.

If the owner does not agree with the amount, the owner can file a complaint with the Assessment Review Board (ARB). The

complaint must be in writing within 120 days after the City of Waterloo mails its determination. For more information about the

complaint process contact the ARB at

If the property’s assessment is subsequently changed as a result of an Assessment Appeal, Court Decision, Request for

reconsideration or a Tax Appeal, any related rebate amount for the taxation year will be recalculated.

For complete information about eligibility and application requirements, refer to section 364 of the Municipal Act and

Ontario Regulation 325/01 or visit the City’s website to obtain a copy of the Vacancy Rebate Policy.

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Application Form For Rebate Of Property Taxes Page 4