The basis and administration of the property tax : what can be learnt from international practice/
Plimmer, Frances & William McCluskey
This paper is seeking to address two key objectives, firstly, to place into context within countries or jurisdictions a rationale for identifying the most appropriate basis of the property tax and secondly, to develop a framework that can suggest optimal administration of the property tax system. One of the fundamental questions for policy makers involved with land and property taxation relates to what is the most appropriate basis of the tax?? This might seem a simple question, but often the answer is complex as issues such as property market maturity, history, culture and land tenure all contribute to the debate. The literature and indeed international practice would indicate that there are several alternatives available such as Capital Improved Value, Annual Rental Value, Land Value (Site Value), Buildings, Area, Adjusted Area Approach, Flat Tax or combinations of the above.
Only personal, non-commercial use of this document is allowed.