Common use of Municipal Tax Clause in Contracts

Municipal Tax. The U of T receives a grant from the Province of Ontario in the amount of $75 per full-time student (headcount) to offset the equal amount of municipal taxes charged by the City of Toronto and City of Mississauga. Effective 2013-14, the municipal tax grant will provide funding for domestic undergraduate and graduate students, plus international students at the doctoral level only. Other international students will be excluded. The municipal tax expense will continue to be levied on the basis of total student enrolment. The shortfall in grant revenue to cover the municipal tax expense will be recovered from the operating grant to the TST and its Member Institutions at the rate of $75 per non-doctoral international student.

Municipal Tax. The U of T receives a grant from the Province of Ontario in the amount of $75 per full-time student (headcount) to offset the equal amount of municipal taxes charged by the City of Toronto and City of Mississauga. Effective 2013-14, the municipal tax grant will provide funding for domestic undergraduate and graduate students, plus international students at the doctoral level only. Other international students will be excluded. The municipal tax expense will continue to be levied on the basis of total student enrolment. The shortfall in grant revenue to cover the municipal tax expense will be recovered from the operating grant to the TST and its Member Institutions at the rate of $75 per non-doctoral international student.student.‌‌