The County of Newell's Non-Residential Municipal Tax Incentive Bylaw > Bylaw No. 2045-23 encourages investment in new non-residential developments, expansions, and machinery and equipment upgrades within the county. This program offers eligible properties a municipal property tax exemption based on the increase in assessed value resulting from new construction or significant renovations.

Key Features of the Program:

• Eligibility: Non-residential properties and machinery and equipment that undergo new development or substantial renovations, leading to an increased assessment value, may qualify for the tax exemption.

• Tax Exemption Details: The exemption applies to the municipal portion of property taxes attributable to the difference between the property's assessment before and after the development or renovation.

• Application Process: Property owners must submit a complete application, including the required fee and supporting documentation, to be considered for the program.

This initiative aims to grow the county's property tax base and create employment opportunities by attracting and supporting significant non-residential investments.

Access the application form > Non-Residential Municipal Tax Incentive