Internally generated revenue (IGR) helps countries move away from traditional overdependancies on oil, gas or customs tariffs. Property taxes have some of the highest collection rates of any taxes in any country due to the immovable nature of property and the ready ability to charge or confiscate land through well understood legal channels.
Teraquad has a range of established, tried and tested approaches to property taxation and valuation that ensure that national objectives are met through efficient use of available government resources. Expensive strategic errors can be avoided through proper planning and by thoroughly understanding lessons learnt in other jurisdictions throughout the world. Extensive investigation and modelling is always undertaken prior to implementation and a system of readily adjustable parameters allows any defined taxation or valuation scheme to keep pace with changing economic conditions and indicators.