Toronto given go-ahead to tax billboards
April 4, 2012In 2009 the city of Toronto passed a law that would see billboards taxed between $1000-$24,000 depending on size and location. Advertising giant Pattison challenged the tax in the Ontario Supreme Court. The court ruled that only Billboards erected after April 2010 could have the tax applied. The city has since appealed the ruling and won. The city is expected to generate 11 million in annual revenue from the billboard tax. Read more in the Globe and Mail.