McCluskey / Cornia / Walters A Primer on Property Tax

Administration and Policy
1. Auflage 2012
ISBN: 978-1-118-45433-6
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 400 Seiten, E-Book

'The chapters in this book explore in detail the choicesregarding both the structure and administration of the propertytax, drawing on the extensive knowledge the authors have acquiredin studying property taxes around the world. The chapters provide awide-ranging treatment of the design choices and administrativetasks, both in terms of the breadth of design options andadministrative tasks covered and the depth of the discussion. The authors describe the range of design choices, discuss theassociated issues and the advantages and disadvantages for each,and present the criteria to help choose among theoptions.'
From the book's Foreword by David L. Sjoquist, Professorof Economics and Dan E. Sweat Scholar Chair in Educational andCommunity Policy, Georgia State University
Property taxation is a key element in providing a solidfoundation and a stable funding source for basic publicservices.
Developing and implementing a property tax system is a complextask. This complexity is compounded by the diversity of legal,cultural and historical contexts of policymakers and taxadministrators. The World Development Report (1999-2000),Entering the 21st Century puts fiscal decentralization atthe top of the development agenda. This makes local taxation - andespecially the property tax option - of critical importance to bothtax and land policy, as well as the broader development agenda.
A Primer on Property Tax: Administration and Policyprovides the reader with an analysis of issues surrounding propertytax, including economics, law, public finance, decentralisation,valuation, GIS and property tax reform. A key strength of the booklies in the vast international experience of the authors and thebook will provide for the first time material which is topical,cutting-edge and highly relevant to many of the disciplinesinvolved in property taxation.
The authors examine the criteria applied to evaluate thestrengths and weaknesses of property tax, discuss the mainvaluation methods and the economic principles underpinning them andreview the legal and administrative aspects of property taxworldwide.

Autoren/Hrsg.

McCluskey, William J.

Cornia, Gary C.

Walters, Lawrence C.

Inhaltsverzeichnis

Part 1: Context and objectives; Overview and introduction; Normative criteria for evaluating a tax; Legal and cultural issues in property tax administration; Part 2: Base times rate; Defining the base; Assessing revenue potential; Non-market approaches to valuing the base; Market-based approaches to valuing the base; Rate setting; Administrative policy; Administrative practice; Billing and collection; Appeals, penalties and sanctions; Part 4: The property tax as a policy tool; Exemptions; Irregular housing; Land leasing; Economic development; The politics of the property tax; Part 5: Summing up; Property tax reform efforts and sustainability; The future of the property tax; Appendices One. Maps, GIS and cadastre; Two. CAMA (Computer Assisted Mass Appraisal; Three. Communication skills and strategies; Annotated list for further reading References Glossary Index; References; Glossary; Index INTERNATIONAL PROPERTY TAXATION

Über Autor(innen)

William J. McCluskey is Reader in Real Estate andValuation at the University of Ulster, where he received his Ph.D.in Real Estate Valuation in 1999. He has held various internationalpositions including Visiting Professor of Real Estate at theUniversity of Lodz, Poland, Professor of Property Studies atLincoln University, Christchurch, New Zealand and is currentlyVisiting Professor in Real Estate at University of Technology,Malaysia. His main professional and academic interests are in thefields of real estate valuation, developing automated valuationmethods and property tax policy. In addition, he has been aninvited instructor in real estate at the African Tax Institute andthe Lincoln Institute of Land Policy: China Programme. He is afaculty member of the Lincoln Institute of Land Policy and foundingboard member of the International Property Tax Institute.
Gary C. Cornia is the Dean of the Marriott School ofManagement at Brigham Young University. He is the pastpresident of the National Tax Association and has served as StateTax Commissioner in Utah. He has been a visiting Fellow at theLincoln Institute of Land Policy and a visiting Scholar at theAndrew Young School of Policy at Georgia StateUniversity. He has published a variety of articles onstate and local tax policy, decentralization, and propertytax. He received his Ph.D. from The Ohio StateUniversity.
Lawrence C. Walters is the Stewart Grow Professor ofPublic Management at the Romney Institute of Public Management,Brigham Young University. His teaching includes courses on land andreal estate taxation at the Institute for Housing and UrbanDevelopment Studies, Erasmus University Rotterdam. He has overforty publications on public policy and management topics, severalof which have received national awards for excellence. He has justcompleted a property tax policy guide for developing countriessponsored by UN-Habitat and a book on managing "wicked"environmental problems. He received his Ph.D. from theWharton School at the University of Pennsylvania.