In this article, the authors examine residential real estate taxation in some European countries. The authors outline the types of direct and indirect real estate taxes, present statistical data to demonstrate the structure of and tax yield and offer conclusions regarding the impact of tax...

Eric Jones has found that excessive taxes were detrimental for pre-modern China's economic growth whereas moderate taxes were conducive for Europe's economic growth. This paper provides a political-economic answer to the question why these two tax systems came about. Taxation is only feasible...

[enter Abstract Body]Historically, real property transactions have been exempted from VAT on the grounds that they are already subject to stamp duties and/or registration charges, and the levy of VAT would lead to excessive burden. However, recognizing the cascading impact of exemptions (through...