An Examination of Land-Based Taxation Practice for Land Instrument Registration in Anambra State (Published)
Instrument registration is the process of registering an instrument with the appropriate local or state government agency. Taxation of instruments is the process of imposing a tax on instruments such as mortgages, deeds, and other documents. Taxation is typically done by the local or state government to generate revenue. It is important to note that taxation may vary by state or jurisdiction. This paper however examined land-based taxation practice for instrument registration on Anambra State. Findings indicated among others that that the land-based taxes levied for instrument registration were direct tax, capital gains tax and stamp duty. The study found out that the law provided that the basis of assessment on capital gains tax, is 10% of chargeable gains and the methods of assessment OGT Discount Method, Indexation Method and Other Method (where OGT Discount Method Indexation Method are not suitable). It noted that land and landed property is an undisputable as well as important base for mobilizing revenue to meeting the needs of the locals which Anambra State Government keyed into for revenue generation.
Citation: Ikeotuonye, C.M. and Igwe C.P. (2023) An Examination of Land-Based Taxation Practice for Land Instrument Registration in Anambra State, International Journal of Civil Engineering, Construction and Estate Management, Vol.11, No.1, pp.23-44
Keywords: Land, Registration, Taxation, instrument, land-based
Design models for the Integration of Roadway transportation systems into the city’s planning (Published)
During the phase of preparation of new masterplan, urban planners have no scientific tool/criteria to calculate and to find the optimum value of road network area. The aim of this paper is to identify a calculation basis (design models), to be used during the design of new masterplans, and during the assessment of the road network in any city/town based on transportation demands (trip generation in the area).A new vision in urban planning can be represented by indicating the volume over capacity ratio (V/C), for each section of the roadway network in each LandUse, by identifying the mathematical proportionality of road surfaces, relatively to LandUse areas and population, relating these 3 factors based on the V/C ratio required, depending on trip generation rates and landUse types.These models can be identified by establishing mathematical models analogously related to the “Distribution of neurons in Mammalian Neocortex”.