Does the federal government pay PILT on property leased from other tax exempt bodies, like a province?
A. Property leased from a province is PILT eligible. However, PILT cannot be paid on property leased from a municipality, other exempt bodies or private concerns. Also, if the federal government owns a building which is located on land leased from a province, PILT is payable on both the land and the building. However, if a federal building is located on land owned by a municipality or other exempt body, only the federally owned building would be PILT eligible, the land would not.
