Romania : Technical Assistance Report on Improving Revenues from the Recurrent Property Tax.

The current area-based property tax system in Romania is inefficient, producing revenue below its potential, while the taxable value determination is inequitable and complex. Indeed, the property tax only generated 0.6 percent of GDP in 2021 vs. the average of 1.8 percent of GDP in the OECD economie...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund. Fiscal Affairs Dept.
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2022.
Saila:IMF Staff Country Reports; Country Report ; No. 2022/198
Gaiak:
Sarrera elektronikoa:Full text available on IMF
Full text available on IMF
Full text available on IMF
Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The current area-based property tax system in Romania is inefficient, producing revenue below its potential, while the taxable value determination is inequitable and complex. Indeed, the property tax only generated 0.6 percent of GDP in 2021 vs. the average of 1.8 percent of GDP in the OECD economies, or 0.9 percent of GDP in EU-27. Meanwhile, significant scope for improving both buoyancy and efficiency of the property tax system exists, not least through the elimination of multiple exemptions, addressing the current inadequate and fragmented self-declaration system of residential buildings that translates into incomplete fiscal cadasters. 
538 |a Mode of access: Internet 
650 7 |a International Agreements and Observance  |2 imf 
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650 7 |a Monetary Policy  |2 imf 
651 7 |a Romania  |2 imf 
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856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=199  |z IMF e-Library 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=200  |z IMF e-Library 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=201  |z IMF e-Library