Supporting revision of the National Land Tax both for rural and urban land in Bhutan

General

The intention of this project is to support the National Land Commission Secretariat in revising the existing land tax rates for both rural and urban areas and proposing a new land tax system with the aim of increasing and decentralizing revenue generation, reducing land speculation, and providing broader and more equitable access to land. This will impact on land use patterns in Bhutan and aims to provide a predictable, inflation-proof and sustainable stream of revenue to support local services, and influence economic activity in desired ways, whilst being affordable and equitable to the taxpayer, and inexpensive to administer.