Land Value Chain for Property Tax Administration
Willy Govender
The Land Value chain cuts across national, state and provincial governments that normally administer the titling, registration and cadaster, and local governments that must service the land and realize tax revenues where applicable. Integration between these tiers of government, or rather the lack thereof, hinders the holistic management of the land base of countries, which often leads to poor land use and spatial planning. As countries emerge from the global COVID-19 pandemic, governments around the world grapple with the economic challenges of the global economic meltdown and now need to recalibrate its economies and its revenue streams. It has always been argued that indiscriminate or poorly targeted taxation can be destructive to the economy and disastrous for the ruling governments, and a more intelligent ways to increase revenue in these countries would be to improve the collection of the existing taxes, rather than rush to introduce new forms of tax. This provides the opportunity to modernize existing property tax collection systems. Cities require finances to operate effectively, and land taxes do not contribute to the city financing, economy or GDP. This paper examines the entire land value chain, look at the interoperability of data and systems and suggest an approach to overcome the issues faced, using modern technologies and practical approaches.
Event: World Bank Land Conference 2024 - Washington
Only personal, non-commercial use of this document is allowed.