McCluskey, WJ and Trinh, HL (2013) Property tax reform in Vietnam: Options, direction and evaluation. Land Use Policy, 30 (1). pp. 276-285. [Journal article]
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Vietnam has seen significant economic growth over the past decade resulting in the need to develop solutions to finance infrastructure in its cities. Own revenue sources for cities are largely based on fees and charges and a form of property taxation from agricultural and non-agricultural land which is based on rice productivity. This paper analyses current land based revenue sources and concludes that these sources are unsustainable, lack buoyancy and represent a declining revenue base. Whilst the paper advocates a recurrent property tax based on land values empirical analysis provides some evidence that the government’s proposal for a land based tax has several structural problems that will directly affect revenue buoyancy. However, the proposed land tax is at least a positive and important step in developing a sustainable revenue source for city and local governments.
|Item Type:||Journal article|
|Faculties and Schools:||Faculty of Art, Design and the Built Environment|
Faculty of Art, Design and the Built Environment > School of the Built Environment
|Research Institutes and Groups:||Built Environment Research Institute|
Built Environment Research Institute > Centre for Research on Property and Planning (RPP)
|Deposited By:||Dr William McCluskey|
|Deposited On:||18 Jun 2012 15:24|
|Last Modified:||30 Oct 2012 15:05|
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