It is often argued that property tax - as the principal local tax- is underutilized, that local administration lacks managerial capacity, and that user charges are set at levels which are not sufficient to cover costs. These arguments are not as compelling as they may first appear - or at least they need to be disaggregated and seen in more detail- as this article will attempt to show.
Public finance - local, Property tax administration
Ruhling, M. (2006). Constrained property tax revenues in Peru : Do fiscal transfers create a substitution effect?. Journal of Property Tax Assessment & Administration, 3(2), 37-51. Retrieved from https://researchexchange.iaao.org/jptaa/vol3/iss2/3