Publication type
Journal Article
Authors
Publication date
September 30, 2020
Summary:
This article simulates the distributional implications of a property tax reform for Italy that updates the cadastral valuation system to reflect market value. Simulations suggest that such a reform would significantly improve the progressivity of the tax, while correcting the unfairness of paying higher effective tax rates on properties with a lower market value. Updating the valuation system also makes the property tax less distortive, as the same revenue could be collected at about one-third of the current statutory tax rates.
Published in
Applied Economics Letters
DOI
https://doi.org/10.1080/13504851.2020.1827129
ISSN
13504851
Subjects
Link
- https://lib.essex.ac.uk/iii/encore/record/C__Rb1594911
Notes
Online Early
#526437