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Which organization is responsible for assessing property values for taxation purposes in British Columbia?

Correct Answer

B) BC Assessment Authority

BC Assessment Authority is the independent provincial Crown corporation responsible for assessing the value of all properties in British Columbia for property tax purposes. Assessments are based on market value as of July 1 each year.

Answer Options
A
Canada Revenue Agency
B
BC Assessment Authority
C
The local municipal government
D
The BC Real Estate Association

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Key Terms

BC Assessment Authorityproperty assessmentAssessment ActCrown corporationmarket value
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