Farm Property Class Tax Rate Program
“Ontario. Agriculture, Food and Rural Affairs”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
Starting January 1998, the Farm Tax Rebate Program was replaced by a new Farm Property Taxation Policy for farm properties. Under the new tax policy, farm properties satisfying the eligibility requirements are identified for the Farm Property Class and are taxed at 25% of the municipal residential tax rate. The farm residence and one acre of land, surrounding it, will continue to be taxed as part of the residential class.
- To support farmland owners in Ontario