Lc Classification Number
Hj4129.5.M35 2008
Reviews
"This splendid book presents selected, clear slices of how well (and how poorly) the local property tax works in many countries. Importantly, theory is also carefully presented to gain understanding of why practice differences persist. Surprisingly evident is the commonality of experience among countries (even the United States) at various stages of economic, social, and political development. This book demonstrates as few others do the value of comparative study and analysis." -- Oliver Oldman, Learned Hand Professor of Law, Emeritus, Harvard Law School, "No other tax has been around for as long and has been used as widely as the property tax. Yet, it has received relatively little systematic attention. This book provides up-to-date, comprehensive, and informed surveys and analyses of these taxes in OECD and developing countries, in transitional economies, and even in ancient times. Readers learn why property taxes are so hated; why they generate more revenue in countries with well-established property rights over land; and why their shares of revenue in GDPs have been growing significantly in recent decades. This book is a gold mine of information and will fill a major gap in our knowledge of property taxation. This is particularly important at a time when fiscal decentralization that requires locally controlled tax revenue has become so popular." -- Vito Tanzi, Former Director, Fiscal Affairs Department, International Monetary Fund, This splendid book presents selected, clear slices of how well (and how poorly) the local property tax works in many countries. Importantly, theory is also carefully presented to gain understanding of why practice differences persist. Surprisingly evident is the commonality of experience among countries (even the United States) at various stages of economic, social, and political development. This book demonstrates as few others do the value of comparative study and analysis., No other tax has been around for as long and has been used as widely as the property tax. Yet, it has received relatively little systematic attention. This book provides up-to-date, comprehensive, and informed surveys and analyses of these taxes in OECD and developing countries, in transitional economies, and even in ancient times. Readers learn why property taxes are so hated; why they generate more revenue in countries with well-established property rights over land; and why their shares of revenue in GDPs have been growing significantly in recent decades. This book is a gold mine of information and will fill a major gap in our knowledge of property taxation. This is particularly important at a time when fiscal decentralization that requires locally controlled tax revenue has become so popular.
Table of Content
Introduction1. The Property Tax in Practice, Roy Bahl, Jorge Martinez-Vazquez, and Joan YoungmanThe Setting 2. The Property Tax in Development and in Transition, Joan Youngman 3. The Determinants of Revenue Performance, Roy Bahl and Jorge Martinez-VazquezCommentary, Gregory K. Ingram Fairness, Political Issues, and Scope4. Incidence and Economic Impacts of Property Taxes in Developing and Transitional Countries, Edward B. Sennoga, David L. Sjoquist, and Sally Wallace 5. Property Tax and Rural Local Finance, Richard M. Bird and Enid Slack6. Alternate Value Capture Instruments: The Case of Taiwan, Steve Waicho TsuiCommentary, Indira RajaramanCommentary, Natalia V. Takhtarova Data Collection and Information Technology 7. Data Challenges in Implementing a Market Value Property Tax: Market and Market-Informed Valuation in Russia, Ukraine, and the Baltic States, John L. Mikesell and C. Kurt Zorn8. Computer-Assisted Mass Appraisal Options for Transitional and Developing Countries, Joseph K. EckertCommentary, Paul Smoke Approaches to Valuation 9. Is Area-Based Assessment an Alternative, an Intermediate Step, or an Impediment to Value-Based Taxation in India?, U. A. Vasanth Rao10. The Feasibility of Site Value Taxation, Riël C. D. Franzsen and William J. McCluskeyCommentary, Gary Cornia Property Rights, Collections, and Enforcement11. Taxing Land Without Market Value in Ancient China, Yu-Hung Hong12. Extending Property Taxation into Previously Untaxed Areas: South African Townships and Tribal Areas, Michael E. Bell and John H. Bowman13. Collection and Enforcement of the Property Tax, Sally Powers Commentary, Claudia M. De CesareThe Baltic Experience 14. Land Taxation Reform in Estonia, Tambet Tiits15. Value-Based Property Taxes in Lithuania, Albina Aleksiene and Arvydas BagdonaviciusCommentary, Vytautas Sulija
Copyright Date
2008
Target Audience
Scholarly & Professional
Topic
Political Economy, Real Estate, Real Estate / General, World / General, General, International / Taxation
Lccn
2007-042164
Dewey Decimal
336.2209172/4
Dewey Edition
22
Illustrated
Yes
Genre
Law, Business & Economics, Political Science