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Searched for Property tax.
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Displaying results 1 to 10 of 71.

• Events // 06.12.2023

  Greener on the Other Side Inequity and Tax Compliance

  municipal property tax. Specifically, the authors aim to understand the role that inequity – similar households being treated differently by tax policy – plays in determining compliance with the tax. They [...] experiment raising the salience of horizontal inequity with rich administrative data on tax liabilities and tax compliance.
• Events // 20.09.2023

  Informality, Tax Distortions, and the Cyclicality of Fiscal Policy

  stabilization recipe. Government spending is procyclical (falls in recessions) while tax rates, in particular labor taxes, move countercyclically (increase in recessions). The paper presented in this Mannheim [...] including an informal sector. The quantitative results of this paper are: (i) the cyclical properties of labor taxes differ according to the nature of the shocks (productivity or foreign interest rates) affecting [...] under which distorting labor taxes are negatively correlated with output. The second result is implied by the role of informality in amplifying the fluctuations of the tax base over the business cycle
• Events // 07.06.2023

  Why Do Households Protest their Property Taxes?

  file a protest/appeal to legally reduce their property taxes. While tax protests can provide a unique opportunity to study the (un)willingness to pay taxes, they have received little attention from researchers [...] Research Seminar, the authors use the setting of property tax protests to provide revealed preferences evidence about reasons that affect the willingness to pay taxes from high stakes natural field experiments [...] considerations, filing frictions, including those driven by race and by the existence of a digital divide, tax morale, and fairness considerations.
• Events // 01.03.2023

  The Chicken or the Egg? A New Identification Strategy for the Effect of Credit on House Prices, Usig Loan to Income Caps

  , and where they also observe the quality of the listed property (form the listing data) and the financial situation of the new owner (from tax records). The results show that a reduction of borrowing [...] /listing data, loan-level supervisory data, municipality/resister data, price indexes, individual tax records, and macroprudential caps. They use exogenous changes to these debt service to income caps
• Publications // 05.10.2021

  Refereed Journal - Does the Frequency of Reminders Matter for their Effectiveness? A Randomized Controlled Trial

  probability of paying overdue property taxes in a randomized controlled trial in China. One reminder a week (sent as a text message) considerably increases the probability of tax compliance and results
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  Press Releases // 03.05.2021

  Regional Firm Subsidies Successfully Create New Jobs

  municipal tax revenues are falling as well. The municipalities are trying to compensate for this through higher business and property tax rates. “These strong indirect effects in employment and tax revenues
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  Press Releases // 17.03.2021

  Property Tax Particularly Burdens Poorer Households Living for Rent

  sales prices do not react to tax changes. A recent study by ZEW Mannheim in cooperation with Maastricht University confirms this. The property tax is therefore a regressive tax. Relatively speaking, it burdens [...] The property tax burden of poorer tenants is more than four times higher than the burden of richer tenants. Landlords are able to fully pass through the tax to rental prices after three years. On the other [...] financial standing. - With the aid of an economic model, the researchers investigated how the tax burden of property tax increases is distributed amongst various income groups. They consolidated data from the
• Publications // 16.03.2021

  ZEW Discussion Paper - Welfare Effects of Property Taxation

  public services respond to property tax changes. Empirically, we exploit the German institutional setting with 5,200 municipal tax reforms for identification. We find that higher taxes are fully passed on to [...] We analyze the welfare implications of property taxation. Using a sufficient statistics approach, we show that the tax incidence depends on how housing prices, labor and other types of incomes as well [...] Combining reduced form estimates with our theoretical framework, we simulate the welfare effects of property taxes and show that they are regressive.
• Events // 22.07.2020

  Tax Induced Divestments Evidence from a Kink in Capital Gains Tax Rates

  evidence on differential tax related incentives for divestments in residential real estate markets. Assets that are held for at least a year are taxed at a lower capital gains tax rate. The paper exploits [...] capital gains tax rates around the one year holding period mark for residential property. First, the empirical results show that individual investors, relative to homeowners that hold property for consumption [...] the discontinuous tax benefit. Lastly, the paper highlights a trade-off between timing sales and capitalizing on the differential saving between short and long term capital gains tax rates and depicts
• Events // 27.02.2020

  (Un)Intended Effects of Preferential Tax Regimes The Case of European Patent Boxes

  size of the (un)intended effects of the new preferential tax regime, which grants a reduction in the tax burden on income from intellectual property. The author shows that MNE affiliates that can benefit [...] Patent boxes have become an increasingly popular tax instrument in the European Union and the US to attract mobile tax bases of multinational enterprises (MNEs) as well as to foster productivity. The [...] reversed profit shifting out of the affiliate. Contrary to expectation, the overall tax base adjustment might lower tax revenues collected from MNEs.