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City of Toronto: New Taxation Measures |
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Under the City of Toronto Act, 2006, the City is granted the use of new taxation measures to sustain and enhance core municipal programs and services.
Personal Vehicle Tax
The City of Toronto's Personal Vehicle Tax is a tax for residents of the City of Toronto who own or lease a personal vehicle (passenger vehicle, light commercial vehicle registered for personal use only, motorcycle or moped). The Personal Vehicle Tax was originally approved by City Council on October 22, 2007.
Council approved the Personal Vehicle Tax at the following flat rates for each vehicle licence plate renewal:
- $60 per personal vehicle (passenger vehicles and light commercial vehicles for personal use) per year
- $30 per personal motorcycle (motorcycle and limited speed motorcycle) or moped per year
*Double these amounts when two-year licence plate validation renewals are purchased.
On April 28, 2008, Council adopted Executive Committee report EX 22.16, the "Personal Vehicle Tax- Administrative Design Features and Implementation Authorities", and set the effective date for the tax at September 1, 2008.
The tax is designed to be compatible with the Provincial vehicle permitting system. The Province collects the PVT on the City's behalf when payment is made for a licence plate renewal.
Municipal Land Transfer Tax
On October 22, 2007, Toronto City Council approved a new land transfer tax which takes effect on February 1, 2008.
View Council Decision Document
More information on Municipal Land Transfer Tax Implementation
Alcohol Tax on Store Sales
For more information on Council's decision not to implement an Alchohol Sales Tax, please refer to City Council's Decision Document.
New Taxation Measures: Policy Development
 You'll need the free Adobe Acrobat reader to view these links.
Report to Council
A report from the City Manager and the Deputy City Manager &
Chief Financial Officer on the new taxation measures was presented to City Council. A study commissioned by
the DCM & CFO on the economic impacts of the recommended land transfer tax is also listed.
- City Council Decision Document: City Council Decision Document, November 19 & 20, 2007
- City Council Decision Document: City Council Decision Document, October 22 & 23, 2007
- Presentation to City Council: New Taxation Measures, City of Toronto Act, July 16, 2007
- Report: Supplemental Report - New Taxation Measures,
July 12, 2007
- Appendix 1-Study: Economic Implications of the Proposed City of Toronto Land Transfer Tax, July 6, 2007
Report to Executive Committee
A report summarizing the input collected and further recommendations was considered by the Executive Committee on June 25, 2007.
Public Consultation
The City held four public consultation meetings where in round table discussions participants responded to two questions.
Below are the responses listed by location of meeting.
Background Information
Backgrounders:
- Property Taxes July, 2007
- Contracted Services July, 2007
- Service Efficiencies and Innovation July, 2007
- Staffing July, 2007
- User Fees July, 2007
- Awards July, 2007
- Public-Private Partnerships July, 2007
- Q & A July, 2007
- A Discussion of Public Policy Revenue Tools
under the City of Toronto Act, 2006, March 16, 2007
Fact Sheets:
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