TY - CONF T1 - IMPACT OF PROPERTY TAX ADJUSTMENT ON RENTAL VALUE IN NIGERIA T2 - Sustainable Multi-Sectoral Real Estate Development in Emerging Economies - the 16th African Real Estate Society Conference Y1 - 2016 A1 - Chukwuemeka Ekenta A1 - Moses Baridi Baridoma KW - Impact KW - landed property KW - Rental value KW - Taxation AB -

Tax adjustment in every economy is significantly affected by monetary policies and by implication real property taxes. This study examines the effect of property tax adjustments with respect to their impact on rental value in Nigeria. Data were obtained from 150 respondents. The multiple regression models and SPSS package were adopted for data analysis. The study found that there is a statistically significant relationship between landed property taxation and rental value. The implication is that the rental income from property is significantly affected by tax adjustments thus discouraging real property investments. It was recommended that tax reform and related institutional reform should entail actions that are consistent with local conditions rather than an attempt to realize abstract principles.

 

JA - Sustainable Multi-Sectoral Real Estate Development in Emerging Economies - the 16th African Real Estate Society Conference T3 - AfRES PB - African Real Estate Society CY - Adis Ababa, Ethiopia SP - 107-118 J1 - AfRES 2016 ID - oai:afres.id:afres2016_117 M3 - 10.15396/afres2016_117 ER -