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Property Tax in BRICS Megacities – Local Government Financing and Financial Sustainability

 Author: Marco Salm  Publisher: © Springer International Publishing AG  ISBN: 978-3-319-62671-0  Pages: 231  Language: English

‘Old’ taxes are not necessarily ‘good’ taxes—especially in a rapidly changing world. Both ‘old’ and ‘good’ might apply with regard to property taxation. Property tax is as ‘old’ as public administration and still exists as a tax levy today.