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Proposals for a Reform of Real Estate Taxation

Author

Listed:
  • Clemens Fuest
  • Johanna Hey
  • Christoph Spengel

Abstract

Real estate plays an important role in wealth creation and wealth distribution. Accordingly, it is important to ensure that taxation of real estate investments is fair and efficient. There are considerable gaps in the taxation of real estate in Germany. The consequences are misallocations in the real estate market and an unfair distribution of the tax burden in favor of high-income taxpayers. Comparatively minor legislative corrections to income tax, trade tax, inheritance tax, and real estate transfer tax could remedy these problems and increase tax revenue without burdening economic development.

Suggested Citation

  • Clemens Fuest & Johanna Hey & Christoph Spengel, 2021. "Proposals for a Reform of Real Estate Taxation," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(12), pages 31-38, December.
    • Handle: RePEc:ces:ifosdt:v:74:y:2021:i:12:p:31-38
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    References listed on IDEAS

    as
    1. Hentze, Tobias, 2017. "Fehlanreize bei der Grunderwerbsteuer im Länderfinanzausgleich," IW-Kurzberichte 11.2017, Institut der deutschen Wirtschaft (IW) / German Economic Institute.
    2. Jens Boysen-Hogrefe, 2017. "Grunderwerbsteuer im Länderfinanzausgleich: Umverteilung der Zusatzlast der Besteuerung [Property Transfer Taxes in the German Fiscal Equalisation Scheme]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 97(5), pages 354-359, May.
    3. Wolfgang Scherf & Carolin Dresselhaus, 2016. "Plädoyer für einen Ersatz der Grunderwerbsteuer [The Case for Replacing the Real-Estate Transfer Tax]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 96(10), pages 740-747, October.
    4. Scherf, Wolfgang & Dresselhaus, Carolin, 2016. "Plädoyer für einen Ersatz der Grunderwerbsteuer," Finanzwissenschaftliche Arbeitspapiere 95, Justus Liebig University Giessen, Fachbereich Wirtschaftswissenschaften.
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