9. (2012 December) Likeable Link: LVT in Ireland

Why site value tax is best option
SVT is the most equitable, efficient and effective property tax option for the Government. Unlike a conventional property tax that taxes the ‘improved’ portion of the property, i.e. the buildings and thus penalises construction, SVT is non-distortionary, creates no economic drag and has minimal adverse effects.



For more on LVT in Ireland, click here.

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