Start Date

5-4-2018 9:30 AM

End Date

5-4-2018 10:00 AM

Description

The paper looks at a number of charges, fees, and obligations that fall particularly on property developers when undertaking development. It examines whether they can be regarded as taxes rather than fees for services provided and the extent to which they satisfy the normal efficiency criteria for the evaluation of taxes. It considers the role of valuers in determining these charges and identifying ability to pay. The audience will gain a further understanding of the ways in which local governments raise revenue from a variety of fees and charges on property development, the extent to which they meet the normal criteria with which taxes are evaluated, and how developers' ability to pay these can be assessed.

Publication Date

April 2018

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Apr 5th, 9:30 AM Apr 5th, 10:00 AM

Pseudo property taxes: Are they fair, uniform, and equitable

The paper looks at a number of charges, fees, and obligations that fall particularly on property developers when undertaking development. It examines whether they can be regarded as taxes rather than fees for services provided and the extent to which they satisfy the normal efficiency criteria for the evaluation of taxes. It considers the role of valuers in determining these charges and identifying ability to pay. The audience will gain a further understanding of the ways in which local governments raise revenue from a variety of fees and charges on property development, the extent to which they meet the normal criteria with which taxes are evaluated, and how developers' ability to pay these can be assessed.