TITLE

TAXING OWNER-OCCUPIED HOUSING: COMPARING THE NETHERLANDS TO OTHER EUROPEAN UNION COUNTRIES

AUTHOR(S)
Hoek, M. Peter Van Der; Radloff, Sarah E.
PUB. DATE
December 2007
SOURCE
Public Finance & Management;Dec2007, Vol. 7 Issue 4, p393
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper compares owner-occupied housing tax regimes in the Netherlands and the other countries in the EU-15. The Netherlands appears to stand apart in two respects. First, in Luxembourg and the Netherlands owner-occupiers have to include an imputed rental income in their taxable income. Second, in the Netherlands, the tax-deductibility of mortgage interest payments is almost unrestricted. The tax regime of owner-occupied homes increasingly erodes the personal income tax base in the Netherlands, so that higher tax rates are needed to collect a given amount of revenue. However, elimination or reduction of the mortgage interest deduction can only be realized gradually. Due to a lack of data both within the various tax regimes and across time periods, a comprehensive multivariate time-series comparison among the various tax regimes in the EU-15 is not possible. Thus, the statistical analysis is limited to bivariate comparisons.
ACCESSION #
27773250

 

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics