What is the tax rate? When are taxes due? How is property assessed?
In the Town of Arnold's Cove, Newfoundland and Labrador, property tax & assessment rules are set by 2026 Tax Structure Public Notice (page 1: property tax, water/sewer, business mil rates) — Town of Arnold's Cove and 1 other bylaw, verified 2026-10-18. Tax rate: Residential 7.25Mils ($550.00 minimum); Commercial 8.75Mils ($550.00 minimum); Vacant Land $275.00/yr. Penalty interest: 2% per month simple interest.
| tax rate | Residential 7.25Mils ($550.00 minimum); Commercial 8.75Mils ($550.00 minimum); Vacant Land $275.00/yr | "Residential 7.25Mils ... Commercial 8.75Mils" — 2026 Pro Tax section |
Adopted by council Jan 21, 2026: residential 7.25 mils, commercial 8.75 mils ($550 minimum), vacant land $275; water $250, sewer $75; business tax mil rates by sector.
| penalty interest | 2% per month simple interest | "Interest rate on overdue accounts after June 30, 2025 2% per month simple interest" |
Fire protection fee $200/household, interest 2% per month on overdue accounts after June 30, building permit fees, tax certificate $125, minimum commercial business tax $200.