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

 

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