Taxes

Property Taxes

Edmonton’s property tax rates are among the lowest in the country.

Edmonton does not have a business tax except in selected business revitalization zones. Edmonton does not charge a tax against machinery and equipment, therefore most businesses only pay a non-residential property tax.

KMPG’s Competitive Alternatives 2014 Cost Model Comparison Report of the per-square-foot property-based taxes for an average manufacturing operation illustrates Edmonton’s low-cost tax environment:

Edmonton’s industrial neighbourhoods benefit from high quality urban services and top-notch infrastructure.

A combination of high quality, flexible servicing and exceptional road and rail access coupled with the lowest property taxes of any major Canadian urban metropolitan area make Edmonton a prime location.

Non-residential properties are appraised using a transparent methodology. One or more of the following may be used in valuing properties in Edmonton:

• comparison with similar properties that have sold
• analysis of the typical rental property income and expenses
• depreciated replacement cost of buildings plus the market value of the land

For More Information

Ken Mamczasz, P.Eng.