Bellettini, Giorgio; Taddei, Filippo - CESifo - 2009
Taxation of bequests and donations is an important determinant of real estate prices. We show that, ceteris paribus, a … decrease in taxes on inter vivos donations and bequests brings about an increase in real estate prices. We provide a general … bequest and donation taxation significantly increased real estate prices. Our estimates suggest that the 2001 abolition of …