Property Taxes FAQs |
The following list of frequently Asked Questions (FAQ) is meant to provide answers to questions that are commonly asked of our Tax staff. |
HOURS & LOCATIONWhat are your hours? Where is the Village of Slocan located? Are there any other payment locations available? When mailing payments, please remember to: If you choose to mail your cheque in, please keep in mind that a postmark (Canada Post date stamp) is NOT accepted as proof of payment before the deadline to avoid a 10% penalty. |
APPEALS & PENALTIESAre Penalties Discretionary? I think my taxes are too high. Can I appeal them? What is the penalty for paying taxes late? Why is the grant amount subject to penalties? |
BUDGETWhat am I paying for with my property tax payment? Why are Slocan residents paying for some Regional District taxes? Why do I pay a School Tax? |
CHANGE OF ADDRESSMy mailing address has changed. Will you change my address so that future tax notices are mailed to my new address? Important: This refers to change in mailing address only. If a taxpayer no longer owns a specific property, the change in ownership will be picked up when BC Assessment is provided information from the Land Titles office. Note: BC Assessment will register an address change in the Village of Slocan’s tax system monthly. I just got a tax notice for a house I sold. What should I do? |
PAYMENT OPTIONS
|
TAX SALE: |
At 10:00 am on the last Monday in September, the municipal collector must conduct an annual tax sale by offering for sale by public auction each parcel of real property on which taxes are delinquent.
Delinquent taxes are any taxes remaining unpaid on December 31, two years after the year the tax was imposed. For example, taxes imposed in 2018 and still unpaid become delinquent on January 1, 2020. The tax sale is held in the council chambers at municipal hall of each municipality in B.C. Public NoticeNotice of the time and place of the tax sale and the legal description and street address of the property subject to tax sale must be published in at least two issues of a newspaper. The last publication must be at least three days and not more than ten days before the date of the annual tax sale. Upset PriceThe upset price is the lowest price that a property may be sold for at tax sale. The upset price is the total amount of current year taxes receivable, plus the prior year’s taxes currently in arrears, plus two years prior delinquent taxes, plus any penalties and interest that have accrued on each of those three years taxes unpaid. For example, a property going to tax sale in September 2018, will have unpaid taxes from 2018 (current year), 2017 (arrears), and 2016 (delinquent) plus applicable penalties and interest for each. An additional 5% of all taxes, penalties and interest is included in the upset price plus any applicable fees prescribed under the Land Title Act. Declared Purchaser & PaymentThe highest bidder above the upset price or, if there is no bid above the upset price, the bidder at the upset price must be declared the purchaser. If there is no bid, or no bid equal to the upset price, the municipality must be declared the purchaser. If the municipality has been declared the purchaser, the collector may offer the same property for sale again later at the annual tax sale on the same conditions as before. The purchaser must immediately pay the collector the amount of the purchase price. If the purchaser fails to do so, the collector must promptly offer the property for sale again. Redemption PeriodA property sold at tax sale may be redeemed by the owner within one year from the day the annual tax sale began. A redemption is made by paying to the collector the total of the upset price plus all costs the collector has had notice that have been incurred by the purchaser in maintenance of the property and in prevention of waste, plus taxes advanced by the purchaser plus interest to the date of redemption. During the redemption period, the property must continue to be assessed and taxed in the name of the owner who at the time of tax sale appeared on the assessment roll as the owner of the property. |
https://www2.gov.bc.ca/gov/content/governments/local-governments/finance/requisition-taxation/municipal-property-tax-sale |
CLICK HERE TO VIEW THE VILLAGE OF SLOCAN TAX SALE INFORMATION SHEET |