{"product_id":"a-primer-on-property-tax-9781405126496","title":"A Primer on Property Tax","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e''The chapters in this book explore in detail the choices regarding both the structure and administration of the property tax, drawing on the extensive knowledge the authors have acquired in studying property taxes around the world. The chapters provide a wide-ranging treatment of the design choices and administrative tasks, both in terms of the breadth of design options and administrative tasks covered and the depth of the discussion. The authors describe the range of design choices, discuss the associated issues and the advantages and disadvantages for each, and present the criteria to help choose among the options.'\u003c\/p\u003e \u003cp\u003eFrom the book's Foreword by David L. Sjoquist, Professor of Economics and Dan E. Sweat Scholar Chair in Educational and Community Policy, Georgia State University\u003c\/p\u003e \u003cp\u003eProperty taxation is a key element in providing a solid foundation and a stable funding source for basic public services.\u003c\/p\u003e \u003cp\u003eDeveloping and implementing a property tax system is a complex t\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e“This volume would be a nice supplement to a graduate public revenue or public finance course. Summing Up: Highly recommended.  Graduate students, researchers, and faculty.”  (\u003ci\u003eChoice,\u003c\/i\u003e 1 July  2013\u003ci\u003e)\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAbout the Contributors xi\u003c\/p\u003e \u003cp\u003eForeword by David L. Sjoquist xvii\u003c\/p\u003e \u003cp\u003eIntroduction xxv\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Property Tax: A Situation Analysis and Overview 1\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eHarry Kitchen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eRole for property taxes 2\u003c\/p\u003e \u003cp\u003eImportance of the property tax 3\u003c\/p\u003e \u003cp\u003eChoice of tax base 3\u003c\/p\u003e \u003cp\u003eIssues in assessment 6\u003c\/p\u003e \u003cp\u003eIssues with property tax rates 15\u003c\/p\u003e \u003cp\u003eIncidence of the property tax 26\u003c\/p\u003e \u003cp\u003ePolitics of the property tax 33\u003c\/p\u003e \u003cp\u003eFuture for the property tax 35\u003c\/p\u003e \u003cp\u003eSummary 35\u003c\/p\u003e \u003cp\u003eReferences 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Value-Based Approaches to Property Taxation 41\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eRiël Franzsen and William J. McCluskey\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 41\u003c\/p\u003e \u003cp\u003eOverview of property tax bases 42\u003c\/p\u003e \u003cp\u003eValue-based approaches 45\u003c\/p\u003e \u003cp\u003eConcept of market value 54\u003c\/p\u003e \u003cp\u003eTraditional valuation methods 59\u003c\/p\u003e \u003cp\u003eConclusions 63\u003c\/p\u003e \u003cp\u003eReferences 64\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 The Politics of the Property Tax 69\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eEnid Slack\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 69\u003c\/p\u003e \u003cp\u003eUnique characteristics of the property tax 70\u003c\/p\u003e \u003cp\u003ePrinciples for designing the property tax 73\u003c\/p\u003e \u003cp\u003eCharacteristics of the property tax 73\u003c\/p\u003e \u003cp\u003eProperty tax revolts, tax limitations and tax relief 79\u003c\/p\u003e \u003cp\u003eThe politics of property tax reform 81\u003c\/p\u003e \u003cp\u003eThe property tax as a local tax 83\u003c\/p\u003e \u003cp\u003eConclusion 86\u003c\/p\u003e \u003cp\u003eReferences 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Administration of Local Taxes: An International Review of Practices and Issues for Enhancing Fiscal Autonomy 89\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eJohn L. Mikesell\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 89\u003c\/p\u003e \u003cp\u003eCentral administration 91\u003c\/p\u003e \u003cp\u003eIndependent local administration 98\u003c\/p\u003e \u003cp\u003eThe special case of property taxes 106\u003c\/p\u003e \u003cp\u003eConclusion 119\u003c\/p\u003e \u003cp\u003eReferences 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Establishing a Tax Rate 125\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eKurt Zorn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 125\u003c\/p\u003e \u003cp\u003eWhat level of government should set the property tax rate? 126\u003c\/p\u003e \u003cp\u003eTypes of tax rates 131\u003c\/p\u003e \u003cp\u003eDetermining the tax rate 133\u003c\/p\u003e \u003cp\u003eWho sets the rate? 134\u003c\/p\u003e \u003cp\u003eRate setting in practice 135\u003c\/p\u003e \u003cp\u003eConclusions 138\u003c\/p\u003e \u003cp\u003eReferences 138\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Property Tax Collection and Enforcement 141\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eRoy Kelly\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 141\u003c\/p\u003e \u003cp\u003ePolicy and administrative determinants of property tax revenues 142\u003c\/p\u003e \u003cp\u003eDefinition of model variables 143\u003c\/p\u003e \u003cp\u003eCommon reasons for low rates of collection and enforcement 149\u003c\/p\u003e \u003cp\u003eDesigning an effective property tax collection system 153\u003c\/p\u003e \u003cp\u003eEnforcing against noncompliance 161\u003c\/p\u003e \u003cp\u003eSummary thoughts 168\u003c\/p\u003e \u003cp\u003eReferences 170\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 The Tax Everyone Loves to Hate: Principles of Property Tax Reform 173\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eJay K. Rosengard\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 173\u003c\/p\u003e \u003cp\u003ePrimary rationale for reform 174\u003c\/p\u003e \u003cp\u003eFundamental principles of reform 176\u003c\/p\u003e \u003cp\u003eStrategic choices in reform 178\u003c\/p\u003e \u003cp\u003ePolicy pitfalls of reform 183\u003c\/p\u003e \u003cp\u003eConclusion 184\u003c\/p\u003e \u003cp\u003eReferences 185\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Legal Issues in Property Tax Administration 187\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eFrances Plimmer\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 187\u003c\/p\u003e \u003cp\u003eTax policy 188\u003c\/p\u003e \u003cp\u003eProperty taxation 192\u003c\/p\u003e \u003cp\u003eUniformity\/equity\/fairness\/treatment of taxpayers 198\u003c\/p\u003e \u003cp\u003eConclusions 204\u003c\/p\u003e \u003cp\u003eReferences 205\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Tax Criteria: The Design and Policy Advantages of a Property Tax 207\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eGary C. Cornia\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 207\u003c\/p\u003e \u003cp\u003eIndependent and autonomous revenues 209\u003c\/p\u003e \u003cp\u003eAdequate and stable revenue 211\u003c\/p\u003e \u003cp\u003eHedging the revenue bets 212\u003c\/p\u003e \u003cp\u003eHow broad is the tax base? 212\u003c\/p\u003e \u003cp\u003eFinancial support for infrastructure 214\u003c\/p\u003e \u003cp\u003eCapturing the increased value resulting from public infrastructure 214\u003c\/p\u003e \u003cp\u003eImmobile base 215\u003c\/p\u003e \u003cp\u003eBenefit tax 216\u003c\/p\u003e \u003cp\u003eAbility to pay taxes 217\u003c\/p\u003e \u003cp\u003eEase of compliance 218\u003c\/p\u003e \u003cp\u003eEase and cost of administration 219\u003c\/p\u003e \u003cp\u003eTransparent taxes 219\u003c\/p\u003e \u003cp\u003ePolitical acceptability 221\u003c\/p\u003e \u003cp\u003eSubnational tax systems and horizontal inequity 221\u003c\/p\u003e \u003cp\u003eAdvantages of the property tax 222\u003c\/p\u003e \u003cp\u003eDisadvantages of the property tax 225\u003c\/p\u003e \u003cp\u003eConclusion 226\u003c\/p\u003e \u003cp\u003eReferences 226\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Estimating Property Tax Revenue Potential 229\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eLawrence C. Walters\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 229\u003c\/p\u003e \u003cp\u003eFiscal capacity and fiscal effort 231\u003c\/p\u003e \u003cp\u003eFiscal capacity 231\u003c\/p\u003e \u003cp\u003eEstimating aggregate property value 232\u003c\/p\u003e \u003cp\u003eProperty tax capacity and effort in the OECD 235\u003c\/p\u003e \u003cp\u003eAdjusting for undeveloped land 238\u003c\/p\u003e \u003cp\u003eEstimating local revenue potential 244\u003c\/p\u003e \u003cp\u003eConclusion 246\u003c\/p\u003e \u003cp\u003eReferences 246\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Taxing Public Leasehold Land in Transition Countries 249\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eYu-Hung Hong\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 249\u003c\/p\u003e \u003cp\u003ePublic leasehold systems 250\u003c\/p\u003e \u003cp\u003eLand ownership and taxation 251\u003c\/p\u003e \u003cp\u003eLand rent, property tax and tax incidence 256\u003c\/p\u003e \u003cp\u003eValuing public leasehold for tax purposes 260\u003c\/p\u003e \u003cp\u003eConclusions 261\u003c\/p\u003e \u003cp\u003eReferences 263\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Property Tax and Informal Property: The Challenge of Third World Cities 265\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eMartim Smolka and Claudia M. De Cesare\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 265\u003c\/p\u003e \u003cp\u003eThe phenomenon of informal land occupations 266\u003c\/p\u003e \u003cp\u003eProperty tax performance in cities with\u003c\/p\u003e \u003cp\u003eextensive informality 271\u003c\/p\u003e \u003cp\u003eThe property tax as a tool for reducing informality 278\u003c\/p\u003e \u003cp\u003eConclusion 283\u003c\/p\u003e \u003cp\u003eReferences 284\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Non-market Value and Hybrid Approaches to Property Taxation 287\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eWilliam J. McCluskey and Riël Franzsen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 287\u003c\/p\u003e \u003cp\u003eNon-market valuation approaches 287\u003c\/p\u003e \u003cp\u003eOther non-value approaches 293\u003c\/p\u003e \u003cp\u003eHybrid alternatives that use a form of value as the basis for the property tax 293\u003c\/p\u003e \u003cp\u003eFlat-rate taxes 301\u003c\/p\u003e \u003cp\u003eConclusions 303\u003c\/p\u003e \u003cp\u003eReferences 303\u003c\/p\u003e \u003cp\u003e14 Computer Assisted Mass Appraisal and the Property Tax 307\u003cbr\u003e \u003ci\u003eWilliam J. McCluskey, Peadar Davis, Michael McCord, David McIlhatton and Martin Haran\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 307\u003c\/p\u003e \u003cp\u003eConcepts of CAMA and quality control issues 309\u003c\/p\u003e \u003cp\u003eMass appraisal techniques 315\u003c\/p\u003e \u003cp\u003eCase study: MRA modelling 326\u003c\/p\u003e \u003cp\u003eConclusions 333\u003c\/p\u003e \u003cp\u003eReferences 334\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15 Geographic Information Systems and the Importance of Location: Integrating Property and Place for Better Informed Decision Making 339\u003cbr\u003e \u003c\/b\u003e\u003ci\u003eDavid McIlhatton, Michael McCord, Peadar Davis and Martin Haran\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 339\u003c\/p\u003e \u003cp\u003eConclusions 355\u003c\/p\u003e \u003cp\u003eReferences 356\u003c\/p\u003e \u003cp\u003eIndex 359\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49407864439127,"sku":"9781405126496","price":89.96,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781405126496.jpg?v=1730500781","url":"https:\/\/bookcurl.com\/products\/a-primer-on-property-tax-9781405126496","provider":"Book Curl","version":"1.0","type":"link"}