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This paper surveys the development and role of the real estate tax in Sweden between 1862 and 2010. The possibility to tax real estate has been used at both the local and state level throughout history. Its importance is difficult to assess directly due to limited data availability and the...
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Many local jurisdictions offer property tax exemptions or similar concessions to older citizens. Such exemptions represent substantial intergenerational transfers and may have important implications for local public finances. The consequences of age-based property tax exemptions depend upon the...
Persistent link: https://www.econbiz.de/10012479424
Many local jurisdictions offer property tax exemptions or similar concessions to older citizens. Such exemptions represent substantial intergenerational transfers and may have important implications for local public finances. The consequences of age-based property tax exemptions depend upon the...
Persistent link: https://www.econbiz.de/10012894430
This paper reviews methods that can be used to value illiquid investments, with a particular focus on private equity and real estate. We discuss the traditional valuation methods, in particular the net present value (NPV) rule, and show in what circumstances these can lead to suboptimal...
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evaluation procedures of the developed model, which increase the convergence of the opinions of multiple experts, are proposed … developed model. Conclusions: the evaluation procedures have been fully observed with several rounds of discussions, and have … manifested the experiences of experts. Besides, the evaluation results are in accordance with real-world situations, which …
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