How are the values used for calculating PILT set for federal property?
A. In Canada, assessment of real property and the setting of property class is typically the responsibility of the provincial or municipal levels of government. However, under the Payments in Lieu of Taxes Act, the class and value to be applied to federal property for calculating the PILT is that class and value which, in the opinion of the minister of Public Works and Government Services Canada, would be applied if the property were privately owned. Due to the unique nature of many of the federal facilities, it can take considerable expertise to establish an appropriate class and value. In addition, the PILT Act does establish slight differences between private taxable property improvements and federal improvements that are subject to PILT. For example, the runway surfaces at federal airports are improvements that are specifically excluded under the PILT Act, but are assessable and taxable at privately owned airports. Therefore the eligibility, class and value used to calculate the PI
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