Definition : Real estate tax - School taxes

Tax to be paid by a co-owner in respect of a private portion (such as, an apartment or parking) to the French or English School Boards serving the territory were his immovable is situated. Common portions and common portions for restricted use are not subject to such property taxes, as they are already a portion of the unit of assessment constituted by the private portion (article 1050 of the Civil Code of Québec ) Such taxes are the main source of revenue to fund expenses related to the activities of the School Boards, such as the management of their schools and a portion of school transportation services .