Property Tax

With guidance, it’s possible to minimize your property tax — quickly and efficiently

Real estate property owners and tenants should not accept their property tax bill is accurate or reflects all rebate opportunities. Many subjective aspects and confusing rules factor into the commercial or industrial property assessment process. Without in-depth knowledge of the property tax environment, many businesses struggle to recover taxes from this increasingly significant recurring expense.

During current economic conditions, property tax is too expensive not to maximize every opportunity to reduce or recover property tax. Unlike the scrutiny given to income taxes, this annual tax does not get the special attention it needs. Undermanaging it can result in surprises, missed recovery opportunities and reputational risk. That is why property owners should seek confirmation of their property assessment's accuracy and whether it takes advantage of available and applicable reductions.

Recoveries and assessments are confusing and have specific rules. Property owners need experienced and knowledgeable practitioners who will review their property assessment and lead negotiations with the local assessment authority during the reassessment or review process.

How PricewaterhouseCoopers can help

Our Property Assessment and Property tax team believes in managing property tax proactively with a collaborative approach focused on your needs. We will utilize our thorough knowledge of the property tax environment and strong relationships with provincial, municipal and assessment/tax authorities to not only contest your tax bill, but provide regular, detailed reports on all of your properties to prepare for annual reassessments.

Our skills, knowledge and experience will improve chances that your tax bill is no more than what you must pay. Contact us today to discuss how we can assist you with you property assessment and tax issues.