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Discussion - Taxation > Components of taxation > Property tax
These are comments that our moderators found as non-authoritative though possibly interesting for
further discussion on Taxation > Components of taxation > Property tax
John Skiggs
21st September 2010 |
Valuable info' - thanks; great page :)))) I ask is it possible to add some of the leading south-American nations that are coming on-stream as investment opportunities.?? - I ask because property holding taxes = "rates" vary enormously eg' A one million dollar house here in western Australia attracts about $1,200-00 in total property holding costs pa' = "local-authority-costs/ground-rates=$650"
plus "water-rates of $550 pa"..
In Uruguay they start at 2% of the last sold value = One-Million = $20,000-00 payable pa' that's a deal-breaker for most investors., and really quite an important statistic (assuming I've got it right ?) what about the rest of South America' ?? very best wishes - John Perth Au |
Carl
13th June 2010 |
if Germany is at the low end on property tax, but on the high end in education and industrial out put, property tax is not a necessary tax for a vibrant successful economy and a great country.I would put forth the argument that because it is a low property tax country that it has success,property taxes as used in the U.S. are a ever growing burden, and a totally uneven way of funding education thru school districts,and unfair to the students in the poorer districts with low incomes .this inequality in the method of education of the students perpetuates the cycle of poverty and crime.property taxes discriminate and don't allow for real ownership of property, an obsolete idea? I would hope not. |
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