This book examines the Canadian province of Ontario's 1998 attempt to reform itsproperty tax laws and provides strategies--such as restructuring education finance andintroducing a new form of business taxation, at both the provincial and local levels--tohelp policy makers design a better future.

This report looks at crucial elements of reforms to growth-friendly recurrent taxes on immovable property. Tax design practices in place in OECD and partner countries are compared and analysed through the lenses of economic theory and empirical analysis.