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Province Announces Commercial Property Tax Relief for Eligible Tourism Accommodation Operators

Thursday, November 12, 2020

Eligible tourism accommodations operators are getting assistance with property tax bills to help with COVID-19 recovery.

The Tourism Accommodations Real Property Tax Rebate Program will provide qualified operators a one-time 25% rebate of 2020-2021 real property tax they paid for qualified roofed accommodations. Operators must have paid their commercial property tax bill in full to receive the rebate.

To be eligible, a business must meet the definition of a roofed accommodation as set out in the Tourist Accommodation Registration Act, be registered as a host under the act, and have five or more rooms. Qualified operators must have incurred a 30% loss in accommodation revenues for the period of April 1, 2020 to Oct. 31, 2020 compared to the same period last year.

The program will open on Monday, November 16 and the deadline to apply is Friday, December 11.

Find more information at https://novascotia.ca/coronavirus/Tourism-Accommodations-Real-Property-Tax-Rebate-Program/