ABSTRACT
This chapter focuses on real estate taxation within selected Central and Eastern European (CEE) countries, namely Czechia, Hungary, Poland, Romania, and Slovakia, where area-based system predominates. This chapter’s initial section explains property tax’s fiscal significance and its role as a revenue source for local budgets. Next, it examines the endogenic determinants affecting the fiscal capacity of the real estate tax, with much attention devoted to basic principles and structural features. A significant aspect of the research is the potential transition of the area-based tax to a value-based system, which is also explored. The last part of this chapter investigates the factors influencing tax revenue, which are upon local authorities (local taxing power) in CEE countries applying ad valorem and area-based real estate taxation.
