In more than 130 countries property tax is an significant part of the national taxation system. In all member countries of Organisation for Economic Co-operation and Development (OECD) property tax constitutes an important source of local government revenues. The paper attempts to assess the...

Research background: Real estate and urban economics literature is abundant in studies discussing various types of property taxes and their characteristics. Growing area of research focused on tax equity, tax competition, and tax mimicking. Recently, due to substantial developments in spatial...