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Addendum E: Taxes

  Property Tax

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In Taiwan, lawmakers propose a bill to levy a vacancy tax on homeowners to release more vacant homes onto the housing market and lower property prices.

Property tax

A property tax is an ad valorem tax on the value of a property.

Bedroom tax

The under-occupancy penalty results from a provision of the British Welfare Reform Act 2012 whereby tenants living in public housing with rooms deemed "spare" face a reduction in Housing Benefit.

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