文章基本信息

标题：THE IMPACT OF PROPERTY TAXATION ON BUSINESS INVESTMENT IN ALBERTA
本地全文：下载
作者：Bev Dahlby ; Ergete Ferede ; Mukesh Khanal 等
期刊名称：The School of Public Policy Publications
印刷版ISSN：2560-8312
电子版ISSN：2560-8320
出版年度：2021
卷号：14
期号：1
语种：English
出版社：University of Calgary
摘要：Alberta municipalities rely heavily on property taxes levied on residential and non-residential sectors to finance local public services. This paper investigates the effects of non-residential property tax rate on business investment using panel data from 17 Alberta cities over the 1998-2017 period. We find that a one mill increase in the non-residential property tax rate is associated with a $49 decrease in commercial and industrial real capita investment. Based on this estimate, we calculate the marginal cost of public funds for the non-residential property tax, which range from 3.12 for Lethbridge to 1.21 for Leduc. We also find that business taxes that are levied on the rental value of a business property have a negative impact on investment, while higher expenditures on municipal services do not have a significant effect on business investment.