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Property taxesAll owners must pay property taxes (French only) based on the value of their home (land and building). In return, they obtain a range of public services from their municipality (highway maintenance, mains water, garbage collection, etc.). The tax invoice is mailed to homeowners by the municipality before March 1 each year. Some homeowners must also pay special taxes charged throughout the municipality for a specific purpose, generally to pay the principal and interest on long-term loans. In addition, municipalities levy an amount on the sale of immovable property (new or existing) in their territory. The amount, officially known as the duty on transfers of immovables, is commonly referred to as the welcome tax (French only). It is paid by the purchaser, based on the highest of the following three amounts:
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