Fiscal, Distributional and Efficiency Impacts of Land and Property Taxes

Andrew Coleman () and Arthur Grimes
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Andrew Coleman: Motu Economic and Public Policy Research

No 09_14, Working Papers from Motu Economic and Public Policy Research

Abstract: Land taxes are known to be amongst the most efficient forms of taxation since land is an immobile factor; property (capital value) taxes are less efficient owing to the tax on improvements. However there is little international (or New Zealand) evidence regarding the distributional impacts of land and property taxes. Nor is there much New Zealand evidence on their potential fiscal implications or about the taxes’ impacts on asset values and debt positions. We explore impacts that may arise from a range of land and property taxes that differ across certain features (e.g. comprehensiveness and degree of grand-fathering). Both partial and general equilibrium models are used. The results provide a basis for considering alternative taxation options involving land or property taxes.

Keywords: land tax; property tax (search for similar items in EconPapers)
JEL-codes: H21 H22 H24 (search for similar items in EconPapers)
Pages: 62 pages
Date: 2009
New Economics Papers: this item is included in nep-acc, nep-pbe and nep-pub
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Citations: View citations in EconPapers (1)

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https://motu-www.motu.org.nz/wpapers/09_14.pdf

Related works:
Journal Article: Fiscal, distributional and efficiency impacts of land and property taxes (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:mtu:wpaper:09_14

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