Posted: 20 Jun 2002
The author suggests that possessory interests in otherwise exempt government property should be subject to property taxation and should be valued as if the interests will be held by the private owners in perpetuity.
Suggested Citation: Suggested Citation
Swain, John A., Reflections on the Possessory Interest Tax, Part I: Toward a Normative Theory of Possessory Interest Taxation. State Tax Notes, Vol. 24, No. 13, June 24, 2002. Available at SSRN: https://ssrn.com/abstract=316697