Property tax

The estate tax (also ground rent is called) a tax on the property, but also on building leases on land ( substance control ). The assessment basis for property tax is usually the value of the property. In many countries the tax rate is set at the municipal level.

Germany

The situation in Germany is described in detail under Property Tax (Germany) .

Austria

The Austrian regulation is similar to the German one, details are described under property tax (Austria) .

Canada

Many provinces in Canada impose property tax, the amount of which depends on the value and use of the property. This is the main source of income for most of the local governments in Canada. The tax rate varies between the municipalities, but most of the time the basis for the collection, assessment procedures etc. are determined by provincial law. A standard market value that is adjusted in different cycles is increasingly used. Some provinces have an annual adjustment in case the real estate market is particularly volatile, while others allow longer times to elapse between revaluations.

Netherlands

The property tax (Dutch: onroerendezaakladen, ozb) is levied in two parts by the municipalities: on the resident of the house and on the owner of the house. Tenants of living space only pay the part that is incurred by the resident. In recent years, increases in this tax rate of over 10% have been a cause for concern in some municipalities. In 2005 there was a bill in parliament that only the owner's share should be retained and that it should not rise more than inflation .

Czech Republic

The object of the tax ( daň z nemovitých věcí ) is the possession of land and buildings by natural or legal persons in the Czech Republic. The law consists of two parts; the first part deals with property tax, the second with building tax. Further details are described under property tax (Czech Republic) .

As a fiscal instrument

A study by the International Monetary Fund from 2015 explicitly refers to property tax as a measure against inequality . For example, “the redistributive role of financial policy can be strengthened by a greater reliance on property and property taxes”.

Historical forms of property tax

Web links

Wiktionary: Property tax - explanations of meanings, word origins, synonyms, translations

Detailed Property Report , instant property taxes and assessment info on US real properties
Urban Sprawl and the Property Tax (PDF file)
Neutral Property Taxation (PDF file; 188 kB)
The Property Tax as a Tax on Value: Deadweight Loss (PDF file; 259 kB)
The Local Property Tax Literature: 100 Years of Disagreement (PDF file)
Property Tax Section of Taxation World
IPT programs
History of Property Taxes in the United States

Individual evidence

↑ Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, Evridiki Tsounta: Causes and Consequences of Income Inequality: A Global Perspective . Ed .: International Monetary Fund. June 2015 ( imf.org [PDF]): "Fiscal policy already plays a significant role in addressing income inequality in many advanced economies, but the redistributive role of fiscal policy could be reinforced by greater reliance on wealth and property taxes .."

[1] Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, Evridiki Tsounta: Causes and Consequences of Income Inequality: A Global Perspective . Ed .: International Monetary Fund. June 2015 ( imf.org [PDF]): "Fiscal policy already plays a significant role in addressing income inequality in many advanced economies, but the redistributive role of fiscal policy could be reinforced by greater reliance on wealth and property taxes .."