IDEAS home Printed from https://ideas.repec.org/a/ntj/journl/v59y2006i1p33-55.html
   My bibliography  Save this article

Horizontal Inequity in the Property Taxation of Apartment, Industrial, Office, and Retail Properties

Author

Listed:
  • Cornia, Gary C.
  • Slade, Barrett A.

Abstract

Researchers have carefully examined assessment uniformity in ad valorem taxation for single–family residential properties and they have frequently reported nonuniform outcomes in the appraisal of these properties. This study analyzes the uniformity of assessed valuations across apartment, industrial, office, and retail properties in Maricopa County (Metropolitan Phoenix), Arizona. Specifically, we investigate horizontal equity, which results when the assessment ratio (assessed value/sales price) is uniform across properties with similar market values. We examine horizontal equity over a five–and–one–half–year period (January 1998–June 2003). After applying both parametric and nonparametric tests, we find statistically significant evidence of horizontal inequity. We find that retail properties are underassessed compared to apartments, and office properties are overassessed compared to apartments; however, we find little difference between industrial and apartment properties. We also find that properties owned by out–of–state residents are overassessed compared to properties owned by in–state residents.

Suggested Citation

  • Cornia, Gary C. & Slade, Barrett A., 2006. "Horizontal Inequity in the Property Taxation of Apartment, Industrial, Office, and Retail Properties," National Tax Journal, National Tax Association;National Tax Journal, vol. 59(1), pages 33-55, March.
    • Handle: RePEc:ntj:journl:v:59:y:2006:i:1:p:33-55
    DOI: 10.17310/ntj.2006.1.02
    as

    Download full text from publisher

    File URL: https://doi.org/10.17310/ntj.2006.1.02
    Download Restriction: Access is restricted to subscribers and members of the National Tax Association.
    File URL: https://doi.org/10.17310/ntj.2006.1.02
    Download Restriction: Access is restricted to subscribers and members of the National Tax Association.
    File URL: https://libkey.io/10.17310/ntj.2006.1.02?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bönke, Timm & Eichfelder, Sebastian & Utz, Stephen, 2012. "Uneven treatment of family life? Horizontal equity in the U.S. tax and transfer system," Discussion Papers 2012/18, Free University Berlin, School of Business & Economics.
    2. Beal Mary & Stranahan Harriet & Borg Mary O., 2017. "The Equity Effects of Property Tax Caps: Evidence from Florida," Academic Journal of Interdisciplinary Studies, Sciendo, vol. 6(s2), pages 141-151, July.
    3. Yilin Hou & Yusun Kim & John Yinger, 2019. "Does Coordination Among Assessing Units Generate Returns to Scale? Evidence from New York State," CESifo Working Paper Series 7931, CESifo.
    4. Gregor Schwerhoff & Ottmar Edenhofer & Marc Fleurbaey, 2020. "Taxation Of Economic Rents," Journal of Economic Surveys, Wiley Blackwell, vol. 34(2), pages 398-423, April.

    More about this item

    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:ntj:journl:v:59:y:2006:i:1:p:33-55. 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: The University of Chicago Press (email available below). General contact details of provider: https://www.ntanet.org/ .

    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.