Data/hora: 07/06/2024 03:54:36

Provedor de dados: | 31
País: | United States
Título: | Tax Rules, Land Development, and Open Space
Autores: | Simpson,   R. David.
Data: | 2005-10-25
Ano: | 2002
Palavras-chave: | Income tax; Property tax; Tax deductions; Use-value assessment; Ecosystem services; Open space; Conservation; Amenity value; Land Economics/Use; H23; H41; H71; R14.
Resumo: | Concern about "open space" is growing. Conservation advocates worry that private land use decision-makers preserve too little open space. Yet private land developers are deciding on their own to preserve open space in new developments because it provides amenities to purchasers of lots. Moreover, tax provisions provide incentives for preserving more open space than would be privately optimal. Many jurisdictions have adopted "use-value assessment" standards granting favorable tax treatment to lands maintained in open space. Also, donations of open space can be deducted from income in computing tax liabilities. Both factors may be empirically important, although tax deductibility may have larger conservation effects than does use-value assessment. These conclusions raise several unanswered questions: How important are tax incentives in practice? Do they motivate enough conservation of open space? Do tax incentives target the right conservation priorities?
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

18456

http://purl.umn.edu/10741

Editor: | AgEcon Search

Relação:

Resources for the Future&gt;Discussion Papers

Discussion Paper 02-61

Formato:

23

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