| Registro completo |
| Provedor de dados: |
AgEcon
|
| País: |
United States
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| Título: |
Tax Rules, Land Development, and Open Space
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| Autores: |
Simpson, R. David
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| Data: |
2005-10-25
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| Ano: |
2002
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| 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?
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
18456
http://purl.umn.edu/10741
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| Editor: |
AgEcon Search
|
| Relação: |
Resources for the Future>Discussion Papers
Discussion Paper 02-61
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| Formato: |
23
application/pdf
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