Can the French development tax be a strategic land value capture instrument

Dados Bibliográficos

ID21406348
AutoresSonia Guelton (0000-0002-6190-2580, Sonia Guelton is a Professor at the University of Paris East Creteil, LAB’URBA, F-94010 Creteil, France; Agnès Pouillaude is an Associate Researcher with Laboratoire d’économie et de management de Nantes, University of Nantes, Cerema, Direction Ouest, 9 rue René Viviani, F-44000, Nantes, France;.), Agnès Pouillaude (Sonia Guelton is a Professor at the University of Paris East Creteil, LAB’URBA, F-94010 Creteil, France; Agnès Pouillaude is an Associate Researcher with Laboratoire d’économie et de management de Nantes, University of Nantes, Cerema, Direction Ouest, 9 rue René Viviani, F-44000, Nantes, France;.)
Ano2023
Volume94
Fascículo2
Páginas215-239
Data de publicação2023-03-01
Open AccessNão
TipoARTICLE
PeriódicoTown Planning Review (JOURNAL)
Identificadores do periódicoISSN: 0041-0020 • E-ISSN: 1478-341X
EditoraLiverpool University Press (PUBLISHER • GB)
DOI10.3828/tpr.2021.56
OpenAlexW4285663319
IdiomaEN
Citações recebidas2
Referências citadas19

This article analyses how local governments can use a land value capture instrument to support their land development and planning policy in addition to their financial objectives, focusing on the French ‘development tax’ in a real-estate development project in Bordeaux. It compares the legal framework of the development tax with the practice of public and private negotiation. The case study concludes that tax decisions leave unforeseen room for trade-offs between fiscal objectives and the business models of private developers via adjustments to the tax rate, building rights and facilities planning. The tax decision can help drive socio-spatial development and generate collective benefits

Business · Economics · Negotiation · Political science · Public economics · Real estate · Real estate development · Value (mathematics) · Value-added tax · Finance · Fiscal Policy and Economic Growth · French Urban and Social Studies

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