Acta Univ. Agric. Silvic. Mendelianae Brun. 2017, 65(4), 1383-1392 | DOI: 10.11118/actaun201765041383

The Role of Immovable Property Taxes in the EU Countries - Taxes on Land, Buildings and Other Structure in Sub-national Tax Revenues under the Conditions of Tax Decentralization

Lenka Maličká
Department of Finance, Faculty of Economics, Technical university of Košice, Letná 9, 040 01 Košice, Slovak Republic

The literature concerned in fiscal federalism and fiscal decentralization promotes the sub-national responsibility for sub-national resources and spending. In this paper sub-national tax revenues are compared to total tax revenues expressing the tax decentralization for the sample of EU 28 countries. Beside it, the main part of sub-national taxes, the immovable property tax - tax on land building or other structure, is compared to total sub-national tax revenues. Using the GMM system estimation determinants of sub-national tax revenues, real estate tax revenues and tax decentralization are investigated on the sample of EU countries. Results show the significant negative relation between GDP per capita growth, population density and inflation rate and all variables in question. In the case of sub-national government real estate tax revenues the positive relation with public debt is observed.

Keywords: Fiscal federalism, fiscal decentralization, tax decentralization, sub-national government, local tax, immovable property tax, GMM dynamic panel model
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The paper is published within the project VEGA no. 1/0559/16.

Published: September 1, 2017  Show citation

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Maličká, L. (2017). The Role of Immovable Property Taxes in the EU Countries - Taxes on Land, Buildings and Other Structure in Sub-national Tax Revenues under the Conditions of Tax Decentralization. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 65(4), 1383-1392. doi: 10.11118/actaun201765041383
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