Land Value Taxation: Meeting the principles of 'Good Tax Design.'

Mangioni, V

Land Value Taxation: Meeting the principles of 'Good Tax Design.'

Mangioni, V

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Publisher:: International Federation of Surveyors
Publication Type:: Conference Proceeding
Citation:: Proceedings of the FIG Working Week 2012, 2012, pp. 1 - 15
Issue Date:: 2012-01

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Field	Value	Language
dc.contributor.author	Mangioni, V https://orcid.org/0000-0003-0367-2171	en_US
dc.contributor.editor	-	en_US
dc.date	2012-05-06	en_US
dc.date.issued	2012-01	en_US
dc.identifier.citation	Proceedings of the FIG Working Week 2012, 2012, pp. 1 - 15	en_US
dc.identifier.uri	http://hdl.handle.net/10453/31712
dc.description.abstract	Land value as a base for recurrent property taxation has presented a number of challenges in highly urbanized locations where land separate to improvements rarely transacts. The economists view that land being limited in supply makes it the most suitable and neutral base on which to assess the tax, is in contrast to the taxpayers perspective, due to the additional complexity in understanding how land value is determined. This paper is a review of improvements in the principles of 'good tax design' in Australia. Data on objection rates to land values have been sourced from the NSW Department of Lands both pre and post the introduction of the 2005 reforms recommended by the NSW Ombudsman. This paper attempts to measure improvements in principles of 'Good Tax Design' via changes in objection rates to land values issued by the New South Wales Valuer-General, resulting from the provision of sales information to land tax payers from 2005. In conclusion a summary of improvements are provided as well as recommendations for refinements in the development of further measures needed in adding to taxpayer understanding of the valuation of land in highly urbanized locations.	en_US
dc.publisher	International Federation of Surveyors	en_US
dc.relation.ispartof	Proceedings of the FIG Working Week 2012	en_US
dc.relation.ispartof	FIG Working Week	en_US
dc.title	Land Value Taxation: Meeting the principles of 'Good Tax Design.'	en_US
dc.type	Conference Proceeding
utslib.location	Rome, Italy	en_US
utslib.location.activity	Rome, Italy	en_US
utslib.for	1205 Urban and Regional Planning	en_US
dc.location.activity	Rome, Italy
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Design, Architecture and Building
pubs.organisational-group	/University of Technology Sydney/Strength - CCDP - Contemporary Design Practice
utslib.copyright.status	open_access
pubs.consider-herdc	true	en_US
pubs.finish-date	2012-05-10	en_US
pubs.place-of-publication	Rome, Italy	en_US
pubs.start-date	2012-05-06	en_US

Abstract:

Land value as a base for recurrent property taxation has presented a number of challenges in highly urbanized locations where land separate to improvements rarely transacts. The economists view that land being limited in supply makes it the most suitable and neutral base on which to assess the tax, is in contrast to the taxpayers perspective, due to the additional complexity in understanding how land value is determined. This paper is a review of improvements in the principles of 'good tax design' in Australia. Data on objection rates to land values have been sourced from the NSW Department of Lands both pre and post the introduction of the 2005 reforms recommended by the NSW Ombudsman. This paper attempts to measure improvements in principles of 'Good Tax Design' via changes in objection rates to land values issued by the New South Wales Valuer-General, resulting from the provision of sales information to land tax payers from 2005. In conclusion a summary of improvements are provided as well as recommendations for refinements in the development of further measures needed in adding to taxpayer understanding of the valuation of land in highly urbanized locations.

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http://hdl.handle.net/10453/31712