Sunday, October 14, 2007

76 Quick wins for Profit improvement - Day 1

Property tax
•Correct understanding assessment notices, tax bill information etc.
•Property in Ontario is supposed to be assessed based on “market value”estimate of your property at a specific date
•Whether you pay or reimburse your landlord, you need to get it checked
•Accurate classification ensures that you pay the correct taxes – nothing more
•Review accuracy of all assessment records, frozen rolls to date
•Review site specific details of size,type of construction,uses and other factors that affect market conditions
•Segregation of real, personal and intangible property values
•Identification of market conditions and inequities among comparable regional and provincial wide marketplaces.
•Review and assist in tax classification, preparation of rebates etc

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