Property Tax in BRICS Megacities

Local Government Financing and Financial Sustainability

Business & Finance, Economics, Urban & Regional, Public Finance
Cover of the book Property Tax in BRICS Megacities by Marco Salm, Springer International Publishing
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Author: Marco Salm ISBN: 9783319626710
Publisher: Springer International Publishing Publication: August 25, 2017
Imprint: Springer Language: English
Author: Marco Salm
ISBN: 9783319626710
Publisher: Springer International Publishing
Publication: August 25, 2017
Imprint: Springer
Language: English

The overall objective of the book is to holistically assess the property tax systems in BRICS megacities. As megacities play a vital role within their respective countries – economically, administratively, and from a human development perspective – they experience the costs and benefits of urbanization simultaneously with major investment needs, rising poverty, and increasing congestion and pollution levels in the context of limited financial resources, raising the question for a suitable decentralized funding source. This book highlights the property tax as a means to help further improve the financial sustainability of megacities, the reliability and quality of their services, and megacities’ contribution to supporting economic growth.

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The overall objective of the book is to holistically assess the property tax systems in BRICS megacities. As megacities play a vital role within their respective countries – economically, administratively, and from a human development perspective – they experience the costs and benefits of urbanization simultaneously with major investment needs, rising poverty, and increasing congestion and pollution levels in the context of limited financial resources, raising the question for a suitable decentralized funding source. This book highlights the property tax as a means to help further improve the financial sustainability of megacities, the reliability and quality of their services, and megacities’ contribution to supporting economic growth.

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