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Montreal budget: More than 22,800 small businesses to get a tax break

from Montreal Gazette

Small businesses will get a break this year, the city of Montreal said as it introduced a progressive property tax system for non-residential properties that will effectively reduce rates on non-residential properties with evaluations below $3 million. The new system, introduced in the municipal budget on Thursday, will reduce property taxes on the first $500,000 of a building’s evaluation by an average of 9.9 per cent. more

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