WP10
The Assessment Gap in Quebec
Vertical and Horizontal Inequity in Municipal Property Valuation: Evidence from 522,769 Sales Matched to the Assessment Roll
Municipal property taxes are levied on assessed values, so any systematic relationship between assessment ratios and market value redistributes the tax burden within a municipality. This paper matches 522,769 residential sales recorded in Quebec between 2021 and 2026 to the triennial assessment rolls of 625…