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How will the immediate elimination of BOAT help the 25% category?

April 26, 2017boat category Elimination help immediate

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How will the immediate elimination of BOAT help the 25% category?

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The immediate elimination of BOAT will provide a planning window for businesses in the 25% category to adjust to the new municipal tax system. This new system will feature a single tax based on property assessment. In addition, it will provide a substantial front-end financial benefit during this period of adjustment. The elimination of BOAT will impact approximately 11% of Nova Scotia businesses.