IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2007_248.html
   My bibliography  Save this paper

An International Comparison of Publicly Listed Property Companies: Does Tax Transparency Pay?

Author

Listed:
  • Hans Op’t Veld

Abstract

Tax transparency for publicly quoted property companies is a hot topic with international property investors. Among the main reasons to promote tax transparent vehicles are the claims that tax transparency improves equity securitization as well as performance. However, there are large differences between tax transparent property vehicles around the world investors have to both acknowledge and appreciate. This paper identifies the differences between tax transparent structures and investigates how these differences might explain performance behaviour of tax transparent companies. The evidence suggests that REITs do outperform tax paying companies, and that this is partly the result from limitations REITs have to their activities.

Suggested Citation

  • Hans Op’t Veld, 2007. "An International Comparison of Publicly Listed Property Companies: Does Tax Transparency Pay?," ERES eres2007_248, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2007_248
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2007-248
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2007_248. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.