OECD Fiscal Federalism Studies Making Property Tax Reform Happen in China A Review of Property Tax Design and Reform Experiences in OECD Countries

OECD Fiscal Federalism Studies Making Property Tax Reform Happen in China A Review of Property Tax Design and Reform Experiences in OECD Countries
Author: OECD
Publisher: OECD Publishing
Total Pages: 158
Release: 2021-11-30
Genre:
ISBN: 9264463615

This report looks at crucial elements of reforms to growth-friendly recurrent taxes on immovable property. Tax design practices in place in OECD and partner countries are compared and analysed through the lenses of economic theory and empirical analysis.

How to Design and Implement Property Tax Reforms

How to Design and Implement Property Tax Reforms
Author: Martin Grote
Publisher: International Monetary Fund
Total Pages: 31
Release: 2024-09-19
Genre: Business & Economics
ISBN:

Property taxes are often under-exploited sources of local public revenues. A broad-based tax, raised at modest rates, can potentially generate significantly higher revenues in many countries, and meet most of the costs of improved local public services. This note provides a practical guide to designing and implementing reforms to recurrent taxes on immoveable property and real estate transfer taxes. It addresses the fundamental policy choices regarding the property tax base and tax rate, and the key functions of the tax administration for managing collections – valuation, billing, and enforcement. The advice in the note stems from a review of the literature and insights gained from the experiences of the Fiscal Affairs Department in delivering capacity development on property taxes. It covers and updates some of the analytical work by Norregaard (2013) while providing granular advice on practical aspects of reforming property taxes. The note is motivated by the resource mobilization needs of developing countries, but the design considerations are also pertinent for advanced and emerging market economies seeking to increase the revenue productivity of property taxes.

OECD Tax Policy Studies Housing Taxation in OECD Countries

OECD Tax Policy Studies Housing Taxation in OECD Countries
Author: OECD
Publisher: OECD Publishing
Total Pages: 143
Release: 2022-07-21
Genre:
ISBN: 9264862684

Housing Taxation in OECD Countries provides a comparative assessment of housing tax policies in OECD countries and identifies options for reform. The study starts with an overview of recent housing market trends and challenges and an analysis of the distribution of housing assets.

OECD Fiscal Federalism Studies Bricks, Taxes and Spending Solutions for Housing Equity across Levels of Government

OECD Fiscal Federalism Studies Bricks, Taxes and Spending Solutions for Housing Equity across Levels of Government
Author: OECD
Publisher: OECD Publishing
Total Pages: 222
Release: 2023-10-26
Genre:
ISBN: 9264464948

This report addresses housing inequities through a series of analytical chapters and case studies. The cross-country chapters examine the effects of the COVID-19 pandemic on housing demand, develop a proposal for a green land value tax, evaluate the dynamics between fiscal autonomy and housing supply responsiveness, as well as explore the drivers of inter-regional migration.

Fiscal Federalism 2022 Making Decentralisation Work

Fiscal Federalism 2022 Making Decentralisation Work
Author: OECD
Publisher: OECD Publishing
Total Pages: 290
Release: 2021-12-20
Genre:
ISBN: 9264912959

Fiscal Federalism 2022 surveys recent trends and policies in intergovernmental fiscal relations and subnational government. Accessible and easy-to-read chapters provide insight into: good practices in fiscal federalism; the design of fiscal equalisation systems; measuring subnational tax and spending autonomy; promoting public sector performance across levels of government; digitalisation challenges and opportunities; the role of subnational accounting and insolvency frameworks; funding and financing of local government public investment; and early lessons from the COVID-19 crisis for intergovernmental fiscal relations.

OECD Regional Development Studies Global Compendium of Land Value Capture Policies

OECD Regional Development Studies Global Compendium of Land Value Capture Policies
Author: OECD
Publisher: OECD Publishing
Total Pages: 253
Release: 2022-06-21
Genre:
ISBN: 9264690883

The Global Compendium of Land Value Capture, a joint project by the OECD and the Lincoln Institute of Land Policy, is an ambitious undertaking to understand the full landscape of land value capture (LVC) instruments, how they are configured and deployed across the globe in OECD and Non-OECD countries, and what it would take to unleash their full potential as a sustainable revenue source.

OECD Economic Surveys: Germany 2023

OECD Economic Surveys: Germany 2023
Author: OECD
Publisher: OECD Publishing
Total Pages: 158
Release: 2023-05-08
Genre:
ISBN: 9264452877

After a decade of strong export-led growth, decreasing unemployment and fiscal surpluses, the COVID-19 pandemic and the energy crisis have revealed structural vulnerabilities and emphasised the need for accelerating the green and digital transitions. At the same time, rapid population ageing increases public spending pressures and exacerbates skilled labour shortages.

OECD Economic Surveys: Romania 2024

OECD Economic Surveys: Romania 2024
Author: OECD
Publisher: OECD Publishing
Total Pages: 147
Release: 2024-03-12
Genre:
ISBN: 9264519459

Romania’s Recovery and Resilience Plan is helping drive reform while also channeling support to vulnerable people. More policy focus is needed on addressing Romania’s disparate socio-economic outcomes and to lift employment among groups underrepresented in formal work, including women. Faster progress is also required to decarbonise the economy by 2050.

OECD Economic Surveys: Slovak Republic 2024

OECD Economic Surveys: Slovak Republic 2024
Author: OECD
Publisher: OECD Publishing
Total Pages: 128
Release: 2024-03-18
Genre:
ISBN: 9264371044

The Slovak economy has been relatively resilient to the energy crisis, but growth has slowed amid high inflation, weakening foreign demand and tightening financial conditions. The pandemic and the energy crisis have deteriorated public finances; steady fiscal consolidation is now needed to rebuild fiscal buffers and improve long-term fiscal sustainability in the face of rapid population ageing. Sustaining economic convergence and facilitating inclusive structural change requires improving skill provision at all stages of the learning cycle, fostering the domestic innovation capacity and improving the business environment.