[Report] Land and Property Taxation: A Review (2002), World Bank

http://www1.worldbank.org/publicsector/decentralization/June2003Seminar/LandPropertyTaxation.pdf


Land and Property Taxation: A Review By Richard M. Bird and Enid Slack March 2002

I. Introduction II. The Role of the Property Tax 1. As a Source of Revenue 2. As a Local Tax III. Taxes on Land and Property: A Survey 1. What is Taxed? 1.1 Land vs. land and improvements 1.2 Exemptions 2. How is it Taxed? 2.1. Area-based assessment 2.2. Market value assessment 2.3. Rental value assessment 2.4. Area-based vs. market-based assessment 2.5. Self assessment 3. At What Rate? 3.1. Who determines the tax rate? 3.2. Differentiated tax rates 3.3. The level of tax rates 4. Some Special Cases 4.1. Owner-occupied residences 4.2. Non-residential property 4.3. Agricultural land and property 5. Property Tax Administration 5.1. Property identification 5.2. Assessments and appeals 5.3. Tax collection and arrears 6. Other Taxes on Land IV. Lessons from Experience with Property Tax Reform 1. Reasons for Reform 2. Nature of Reform 3. Preconditions for Reform 4. Impact of Reform V. Conclusions 1. Financing Local Governments 2. Impact on Land Use References