Translation of "Revenu foncier " (French → English) :

(a) in the case of the part of the revenue source referred to in paragraph (z) of the definition “revenue source” in subsection (1) that consists of local government property taxes, the aggregate of the revenue derived from that part of the revenue source by each municipality, board, commission or other local authority in that province that has power to levy property taxes for the financial year of each such local authority ending in that fiscal year; and

(a) in the case of the part of the revenue source referred to in paragraph (z) of the definition “revenue source” in subsection (1) that consists of local government property taxes, the aggregate of the revenue derived from that part of the revenue source by each municipality, board, commission or other local authority in that province that has power to levy property taxes for the financial year of each such local authority ending in that fiscal year; and

25. Recalls that the objective of expanding trade with the developing countries must be to promote the sustainable economic growth and the development of these countries; notes that the abolition of customs duties will inevitably entail a loss of customs revenue and must therefore be subject to tighter supervision, be more gradual and go hand in hand with the implementation of tax reforms which harness alternative forms of revenue to make up the shortfall (VAT, property tax, income tax);

34. Notes the special position and recognises the rights of the indigenous peoples of the Arctic and points in particular to the legal and political situation of the indigenous peoples in the Arctic States and in their representation in the Arctic Council; calls for greater involvement of indigenous people in policy-making; stresses the need to adopt special measures to safeguard the culture, language and land rights of indigenous peoples in the way defined in ILO Convention 169; calls for a regular dialogue between the indigenous peoples' representatives and the EU institutions and further calls on the EU to take into account the special needs of sparsely populated peripheral areas in terms of regional development, livelihood ...[+++]s and education; underlines the importance of supporting activities promoting the culture, language and customs of indigenous peoples;

Eligibility for such payments shall be determined by clearly-defined criteria such as income, status as a producer or landowner, factor use or production level in a defined and fixed base period.

It is also regressive; low- and middle-income taxpayers pay a proportionally higher percentage of their income on property taxes than high income taxpayers; a difficulty experienced particularly in strong real-estate markets when property taxes are based on market value assessments.