Murray, Cameron K.
Land value is a progressive and efficient property tax base evidence from Victoria / Cameron K. Murray and Jesse Hermans .-- , 2021
Resumen.
Property taxes are a common revenue source for city governments. There are two property tax bases available—land value (site value, SV), or total property value (capital improved value, CIV). The choice of property tax base has implications for both the distribution and efficiency of the tax. We provide new evidence in favour of SV being both the more progressive and efficient property tax base. First, we use three Victorian datasets at different levels of geographic aggregation to model the SV/CIV ratio as a function of various household income measures.
IMPUESTOS
PROPIEDAD
SUELO
BASE IMPONIBLE
PROGRESIVIDAD
AUSTRALIA
Hermans, Jesse
Australian Tax Forum: a journal of Taxation Policy, Law and Reform 0812-695Xv. 36, n. 2, 2021, p. 243-266
Land value is a progressive and efficient property tax base evidence from Victoria / Cameron K. Murray and Jesse Hermans .-- , 2021
Resumen.
Property taxes are a common revenue source for city governments. There are two property tax bases available—land value (site value, SV), or total property value (capital improved value, CIV). The choice of property tax base has implications for both the distribution and efficiency of the tax. We provide new evidence in favour of SV being both the more progressive and efficient property tax base. First, we use three Victorian datasets at different levels of geographic aggregation to model the SV/CIV ratio as a function of various household income measures.
IMPUESTOS
PROPIEDAD
SUELO
BASE IMPONIBLE
PROGRESIVIDAD
AUSTRALIA
Hermans, Jesse
Australian Tax Forum: a journal of Taxation Policy, Law and Reform 0812-695Xv. 36, n. 2, 2021, p. 243-266