Results 261 to 270 of about 968,286 (312)

Property Tax Expenditures: Classified Property Tax Systems

Public Finance and Management, 2014
This paper focuses on the tax expenditures arising from property tax policies that apply different (non-zero) assessment ratios or tax rates to real property with the primary objective of redistributing the tax burden by taxing different classes of real property at different effective rates.
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Property Tax Competition: A Quantitative Assessment

SSRN Electronic Journal, 2022
We develop a model of property taxation and characterize equilibria under three alternative taxa-tion regimes often used in the public finance literature: decentralized taxation, centralized taxation, and “rent seeking” regimes. We show that decentralized taxation results in inefficiently high tax rates, whereas centralized taxation yields a common ...
Borck, Rainald, Oshiro, Jun, Satō, Yasuhiro   +2 more
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Are PILOTs property taxes for nonprofits? [PDF]

Journal of Urban Economics, 2016
Abstract Nonprofit charitable organizations are exempt from most taxes, including local property taxes, but U.S. cities and towns increasingly request that nonprofits make payments in lieu of taxes (known as PILOTs). Strictly speaking, PILOTs are voluntary, though nonprofits may feel pressure to make them, particularly in high-tax communities ...
Fan Fei, James R. Hines, Jill R. Horwitz
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The Property Tax

2004
In the United States, property taxes are assessed mostly by slate and local governments. Real and personal property taxes account for about 37% of state and local government’s total tax receipts.1 Much of what is collected, especially from real estate taxes, is used to pay for local services.
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Property Tax

2018
Singapore property tax system, William McCluskey and Brendan Williams the property tax system in Hong Kong, Bobby Hastings and Megan Walters rating in Malaysia, Raja Hizam, Frances Plimmer, Abdul Nawawi and Stuart Gronow the present and future role of property taxation in local government funding in Ireland, Brendan Williams real property taxation in ...
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The excise tax effects of the property tax

Journal of Public Economics, 1984
Abstract This paper constructs a theory of how differences across regions in property tax rates affect product prices and factor prices. For a model where labor and capital are perfectly mobile between regions, it is shown that consumers residing in different regions face the same nontraded good prices, even when property tax rates differ across ...
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Property Tax Abatement as Tax Expenditure?

Public Finance and Management, 2014
Tax expenditures are revenue losses resulting from provisions in tax law that allow a special exclusion, exemption, or deduction from normal payment. Property tax abatement is a full or partial reduction in the normal property tax liability owed to a state or local jurisdiction.
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Taxing Property Transactions versus Taxing Property Ownership [PDF]

, 2008
Few studies have examined the use and effects of real property transfer taxes, especially in the U.S. This paper examines the variety of transfer tax programs currently in use in the U.S. and compares them to property taxes in terms of equity, efficiency, and revenue potential and stability.
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On the Elasticity of the Real Property Tax

The Journal of Finance, 1963
IN HIS ESTIMATES OF the financial resources of state and local governments for the decade of the 1960's, Netzer assumes that the income elasticity of the property tax is unity.' Criticism has been directed against this assumption since it is considerably higher than the widely accepted value of elasticity of 0.22, derived by Groves and Kahn.2 The wide ...
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Property tax as a policy against urban sprawl

Land Use Policy, 2022
Victoria Taranu, Griet Verbeeck
exaly