Property Taxes in the Punjab, Pakistan

This note provides an overview of the current property taxation system in the Punjab Province based on the premise that the property tax: 1) is essentially a fiscal tool; 2) is not an instrument of social redistribution; 3) system should be kept simple; and 4) is a technical instrument with strong f...

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Main Author:	World Bank
Format:	Other Urban Study
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ACCOUNTING ADMINISTRATIVE BURDEN ARREARS BENEFICIARIES BUDGET CONSTRAINTS CADASTRES CAPACITY BUILDING CAPITAL MARKETS CENTRAL AGENCIES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CITY SIZE COST OF COLLECTION DEDUCTIBLE DEDUCTIONS DEVELOPING COUNTRIES DISTRICT DISTRICT ADMINISTRATION DISTRICT GOVERNMENT DISTRICT GOVERNMENTS DISTRICT OFFICER DISTRICTS DIVISION OF FUNCTIONS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT EQUITY ISSUE EXPENDITURE EXPENDITURES FAIR MARKET VALUE FAMILIES FISCAL DECENTRALIZATION FISCAL PERFORMANCE FISCAL POLICY GOVERNMENT REVENUES IMMOVABLE PROPERTY INFLATION INFORMATION SYSTEM INSTRUMENT INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL STANDARDS LAND POLICY LAND TAX LEGISLATIVE FRAMEWORK LEVY LOCAL BUSINESSES LOCAL CAPACITIES LOCAL CAPACITY LOCAL FINANCES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MARKET VALUE MARKET VALUES MEDIUM TERMS MUNICIPALITIES MUNICIPALITY NATIONAL BANK OUTSTANDING AMOUNT PERSONAL INCOME PERSONAL INCOME TAX POLICY DECISION POLICY DESIGN POLICY OBJECTIVES PROPERTY OWNERS PROPERTY TAX PROPERTY TAX ADMINISTRATION PROPERTY TAX COLLECTION PROPERTY TAX REFORM PROPERTY TAX SYSTEMS PROPERTY TAXATION PROPERTY TAXES PROVINCE PROVINCIAL FISCAL PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVELS PROVINCIAL RATE PROVINCIAL REVENUE PROVINCIAL TAX PROVINCIAL TRANSFERS PUBLIC ENTITY PUBLIC FINANCE REAL ESTATE REAL PROPERTIES REDISTRIBUTION REGULATORY OVERSIGHT REVENUE ASSIGNMENT REVENUE BASE REVENUE CAPACITY REVENUE COLLECTION REVENUE RATIO SUBNATIONAL TARGETED SUBSIDIES TAX ADMINISTRATION TAX ADMINISTRATION SYSTEM TAX ASSESSMENT TAX AUTHORITY TAX BASE TAX BASES TAX BURDEN TAX CAPACITY TAX COMPETITION TAX DEDUCTION TAX EXEMPTION TAX EXEMPTIONS TAX FRAMEWORK TAX INSTRUMENTS TAX LIABILITY TAX PAYERS TAX PAYMENTS TAX POLICY TAX PURPOSES TAX RATE TAX RATES TAX REVENUE TAX REVENUE CAPACITY TAX REVENUES TAX SUBSIDIES TAX SYSTEM TAX TREATMENT TAXABLE PROPERTIES TAXATION TAXPAYER TAXPAYERS TOWN TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY UNION URBAN AREA VALUATION VALUATIONS
Online Access:	http://documents.worldbank.org/curated/en/2006/06/16366607/property-taxes-punjab-pakistan http://hdl.handle.net/10986/8277

id	okr-10986-8277
recordtype	oai_dc
spelling	okr-10986-82772021-04-23T14:02:38Z Property Taxes in the Punjab, Pakistan World Bank ACCOUNTING ADMINISTRATIVE BURDEN ARREARS BENEFICIARIES BUDGET CONSTRAINTS CADASTRES CAPACITY BUILDING CAPITAL MARKETS CENTRAL AGENCIES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CITY SIZE COST OF COLLECTION DEDUCTIBLE DEDUCTIONS DEVELOPING COUNTRIES DISTRICT DISTRICT ADMINISTRATION DISTRICT GOVERNMENT DISTRICT GOVERNMENTS DISTRICT OFFICER DISTRICTS DIVISION OF FUNCTIONS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT EQUITY ISSUE EXPENDITURE EXPENDITURES FAIR MARKET VALUE FAMILIES FISCAL DECENTRALIZATION FISCAL PERFORMANCE FISCAL POLICY GOVERNMENT REVENUES IMMOVABLE PROPERTY INFLATION INFORMATION SYSTEM INSTRUMENT INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL STANDARDS LAND POLICY LAND TAX LEGISLATIVE FRAMEWORK LEVY LOCAL BUSINESSES LOCAL CAPACITIES LOCAL CAPACITY LOCAL FINANCES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MARKET VALUE MARKET VALUES MEDIUM TERMS MUNICIPALITIES MUNICIPALITY NATIONAL BANK OUTSTANDING AMOUNT PERSONAL INCOME PERSONAL INCOME TAX POLICY DECISION POLICY DESIGN POLICY OBJECTIVES PROPERTY OWNERS PROPERTY TAX PROPERTY TAX ADMINISTRATION PROPERTY TAX COLLECTION PROPERTY TAX REFORM PROPERTY TAX SYSTEMS PROPERTY TAXATION PROPERTY TAXES PROVINCE PROVINCIAL FISCAL PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVELS PROVINCIAL RATE PROVINCIAL REVENUE PROVINCIAL TAX PROVINCIAL TRANSFERS PUBLIC ENTITY PUBLIC FINANCE REAL ESTATE REAL PROPERTIES REDISTRIBUTION REGULATORY OVERSIGHT REVENUE ASSIGNMENT REVENUE BASE REVENUE CAPACITY REVENUE COLLECTION REVENUE RATIO SUBNATIONAL TARGETED SUBSIDIES TAX ADMINISTRATION TAX ADMINISTRATION SYSTEM TAX ASSESSMENT TAX AUTHORITY TAX BASE TAX BASES TAX BURDEN TAX CAPACITY TAX COMPETITION TAX DEDUCTION TAX EXEMPTION TAX EXEMPTIONS TAX FRAMEWORK TAX INSTRUMENTS TAX LIABILITY TAX PAYERS TAX PAYMENTS TAX POLICY TAX PURPOSES TAX RATE TAX RATES TAX REVENUE TAX REVENUE CAPACITY TAX REVENUES TAX SUBSIDIES TAX SYSTEM TAX TREATMENT TAXABLE PROPERTIES TAXATION TAXPAYER TAXPAYERS TOWN TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY UNION URBAN AREA VALUATION VALUATIONS This note provides an overview of the current property taxation system in the Punjab Province based on the premise that the property tax: 1) is essentially a fiscal tool; 2) is not an instrument of social redistribution; 3) system should be kept simple; and 4) is a technical instrument with strong financial, institutional, and political connotations. This note summarizes the key attributes of the present property taxation system of the Punjab Province and proposes some solutions for improving the property tax system. Our analysis is based on the following premises: first, the property tax is essentially a fiscal tool. Second, it is not an instrument of social redistribution. Third, the property tax system should be kept simple. Fourth, the property tax is not merely a technical instrument, but it is a substantial revenue factor with strong financial, institutional, and political connotations. Property taxes are levied on a banded annual rental value (ARV) basis, calculated from valuation tables issued by the excise and tax department. 2012-06-18T16:03:04Z 2012-06-18T16:03:04Z 2006-06 http://documents.worldbank.org/curated/en/2006/06/16366607/property-taxes-punjab-pakistan http://hdl.handle.net/10986/8277 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Other Urban Study Economic & Sector Work South Asia Pakistan
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNTING ADMINISTRATIVE BURDEN ARREARS BENEFICIARIES BUDGET CONSTRAINTS CADASTRES CAPACITY BUILDING CAPITAL MARKETS CENTRAL AGENCIES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CITY SIZE COST OF COLLECTION DEDUCTIBLE DEDUCTIONS DEVELOPING COUNTRIES DISTRICT DISTRICT ADMINISTRATION DISTRICT GOVERNMENT DISTRICT GOVERNMENTS DISTRICT OFFICER DISTRICTS DIVISION OF FUNCTIONS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT EQUITY ISSUE EXPENDITURE EXPENDITURES FAIR MARKET VALUE FAMILIES FISCAL DECENTRALIZATION FISCAL PERFORMANCE FISCAL POLICY GOVERNMENT REVENUES IMMOVABLE PROPERTY INFLATION INFORMATION SYSTEM INSTRUMENT INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL STANDARDS LAND POLICY LAND TAX LEGISLATIVE FRAMEWORK LEVY LOCAL BUSINESSES LOCAL CAPACITIES LOCAL CAPACITY LOCAL FINANCES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MARKET VALUE MARKET VALUES MEDIUM TERMS MUNICIPALITIES MUNICIPALITY NATIONAL BANK OUTSTANDING AMOUNT PERSONAL INCOME PERSONAL INCOME TAX POLICY DECISION POLICY DESIGN POLICY OBJECTIVES PROPERTY OWNERS PROPERTY TAX PROPERTY TAX ADMINISTRATION PROPERTY TAX COLLECTION PROPERTY TAX REFORM PROPERTY TAX SYSTEMS PROPERTY TAXATION PROPERTY TAXES PROVINCE PROVINCIAL FISCAL PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVELS PROVINCIAL RATE PROVINCIAL REVENUE PROVINCIAL TAX PROVINCIAL TRANSFERS PUBLIC ENTITY PUBLIC FINANCE REAL ESTATE REAL PROPERTIES REDISTRIBUTION REGULATORY OVERSIGHT REVENUE ASSIGNMENT REVENUE BASE REVENUE CAPACITY REVENUE COLLECTION REVENUE RATIO SUBNATIONAL TARGETED SUBSIDIES TAX ADMINISTRATION TAX ADMINISTRATION SYSTEM TAX ASSESSMENT TAX AUTHORITY TAX BASE TAX BASES TAX BURDEN TAX CAPACITY TAX COMPETITION TAX DEDUCTION TAX EXEMPTION TAX EXEMPTIONS TAX FRAMEWORK TAX INSTRUMENTS TAX LIABILITY TAX PAYERS TAX PAYMENTS TAX POLICY TAX PURPOSES TAX RATE TAX RATES TAX REVENUE TAX REVENUE CAPACITY TAX REVENUES TAX SUBSIDIES TAX SYSTEM TAX TREATMENT TAXABLE PROPERTIES TAXATION TAXPAYER TAXPAYERS TOWN TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY UNION URBAN AREA VALUATION VALUATIONS
spellingShingle	ACCOUNTING ADMINISTRATIVE BURDEN ARREARS BENEFICIARIES BUDGET CONSTRAINTS CADASTRES CAPACITY BUILDING CAPITAL MARKETS CENTRAL AGENCIES CENTRAL GOVERNMENT CENTRAL GOVERNMENTS CITY SIZE COST OF COLLECTION DEDUCTIBLE DEDUCTIONS DEVELOPING COUNTRIES DISTRICT DISTRICT ADMINISTRATION DISTRICT GOVERNMENT DISTRICT GOVERNMENTS DISTRICT OFFICER DISTRICTS DIVISION OF FUNCTIONS ECONOMIC DECISIONS ECONOMIC DEVELOPMENT EQUITY ISSUE EXPENDITURE EXPENDITURES FAIR MARKET VALUE FAMILIES FISCAL DECENTRALIZATION FISCAL PERFORMANCE FISCAL POLICY GOVERNMENT REVENUES IMMOVABLE PROPERTY INFLATION INFORMATION SYSTEM INSTRUMENT INTERGOVERNMENTAL FISCAL RELATIONS INTERGOVERNMENTAL TRANSFERS INTERNATIONAL STANDARDS LAND POLICY LAND TAX LEGISLATIVE FRAMEWORK LEVY LOCAL BUSINESSES LOCAL CAPACITIES LOCAL CAPACITY LOCAL FINANCES LOCAL GOVERNMENT LOCAL GOVERNMENTS LOCAL REVENUE MARKET VALUE MARKET VALUES MEDIUM TERMS MUNICIPALITIES MUNICIPALITY NATIONAL BANK OUTSTANDING AMOUNT PERSONAL INCOME PERSONAL INCOME TAX POLICY DECISION POLICY DESIGN POLICY OBJECTIVES PROPERTY OWNERS PROPERTY TAX PROPERTY TAX ADMINISTRATION PROPERTY TAX COLLECTION PROPERTY TAX REFORM PROPERTY TAX SYSTEMS PROPERTY TAXATION PROPERTY TAXES PROVINCE PROVINCIAL FISCAL PROVINCIAL GOVERNMENT PROVINCIAL GOVERNMENTS PROVINCIAL LEVELS PROVINCIAL RATE PROVINCIAL REVENUE PROVINCIAL TAX PROVINCIAL TRANSFERS PUBLIC ENTITY PUBLIC FINANCE REAL ESTATE REAL PROPERTIES REDISTRIBUTION REGULATORY OVERSIGHT REVENUE ASSIGNMENT REVENUE BASE REVENUE CAPACITY REVENUE COLLECTION REVENUE RATIO SUBNATIONAL TARGETED SUBSIDIES TAX ADMINISTRATION TAX ADMINISTRATION SYSTEM TAX ASSESSMENT TAX AUTHORITY TAX BASE TAX BASES TAX BURDEN TAX CAPACITY TAX COMPETITION TAX DEDUCTION TAX EXEMPTION TAX EXEMPTIONS TAX FRAMEWORK TAX INSTRUMENTS TAX LIABILITY TAX PAYERS TAX PAYMENTS TAX POLICY TAX PURPOSES TAX RATE TAX RATES TAX REVENUE TAX REVENUE CAPACITY TAX REVENUES TAX SUBSIDIES TAX SYSTEM TAX TREATMENT TAXABLE PROPERTIES TAXATION TAXPAYER TAXPAYERS TOWN TRANSACTION TRANSACTION COSTS TRANSITION ECONOMIES TRANSPARENCY UNION URBAN AREA VALUATION VALUATIONS World Bank Property Taxes in the Punjab, Pakistan
geographic_facet	South Asia Pakistan
description	This note provides an overview of the current property taxation system in the Punjab Province based on the premise that the property tax: 1) is essentially a fiscal tool; 2) is not an instrument of social redistribution; 3) system should be kept simple; and 4) is a technical instrument with strong financial, institutional, and political connotations. This note summarizes the key attributes of the present property taxation system of the Punjab Province and proposes some solutions for improving the property tax system. Our analysis is based on the following premises: first, the property tax is essentially a fiscal tool. Second, it is not an instrument of social redistribution. Third, the property tax system should be kept simple. Fourth, the property tax is not merely a technical instrument, but it is a substantial revenue factor with strong financial, institutional, and political connotations. Property taxes are levied on a banded annual rental value (ARV) basis, calculated from valuation tables issued by the excise and tax department.
format	Economic & Sector Work :: Other Urban Study
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Property Taxes in the Punjab, Pakistan
title_short	Property Taxes in the Punjab, Pakistan
title_full	Property Taxes in the Punjab, Pakistan
title_fullStr	Property Taxes in the Punjab, Pakistan
title_full_unstemmed	Property Taxes in the Punjab, Pakistan
title_sort	property taxes in the punjab, pakistan
publisher	Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2006/06/16366607/property-taxes-punjab-pakistan http://hdl.handle.net/10986/8277
_version_	1764404794437402624

Property Taxes in the Punjab, Pakistan

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