Recent developments in property taxation around the world.
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Recent developments in property taxation around the world.
Full article: [You must be registered and logged in to see this link.]Generally speaking, governments in free market economies like to encourage people to buy property, and they often help people to get their first foot on the property ladder. Equally however, land and real estate can be a useful cash cow for national treasuries, especially those most in need of revenue, and once enticed into the property market, investors may pay considerably more in real estate taxes. This article rounds up some of the main developments in the area of property taxation over the past few months.
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