@article{Tsala:334490,
      recid = {334490},
      author = {Tsala, Muluneh Beyene},
      title = {THE INTERPLAY BETWEEN REAL PROPERTY VALUATION AND  DETERMINING TAX AMOUNT IN DIRE DAWA CITY ADMINISTRATION:  EXPLORING THE MISMATCH BETWEEN PRACTICES AND STANDARDS},
      journal = {African Journal of Land Policy and Geospatial Sciences},
      address = {2022-03-01},
      number = {2367-2023-1045},
      month = {Mar},
      year = {2022},
      abstract = {Real Property Valuation is the most essential activity in  administering land and other real properties. Undertaking  valuation is also important to enhance revenue of the  country. Different types of property valuation methods  applied on the basis of property type and purpose of  valuation. Conducting systematic valuation is the base for  levying tax. Lack of policy in land, depending on one type  of valuation method, shortage of skilled man power and  widespread tradeoffs around land sector are the major  problems resulted in maladministration of valuation in Dire  Dawa City. Thus, this study was intended to assess the  practice of real property valuation and tax liability in  the study area. The researcher employed a descriptive  research design and applied mixed research approaches. The  findings reveal that, the study area employs only  replacement cost approach. Due to knowledge gap on how to  estimate tax exempt property and shortage of skilled  experts, revenue from property were lagging behind in  supporting the economy. Tax amount was determined by  traditional approaches with high discrepancies’ with  International Valuation Standards. Thus, taking measures  like formulating land policy, applying different valuation  approaches, applying systematic tax base are suggested to  tackle the problem.},
      url = {http://ageconsearch.umn.edu/record/334490},
      doi = {https://doi.org/10.22004/ag.econ.334490},
}