Tuesday , September 16, 2025 |   10:20:41 IST
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI
About Us Contact Us Newsletters
 
NEWS FLASH
 
DTAA - In selling of shares, possibility of rigging share prices leading to heavy capital gain and siphoning out gains to tax heavens, cannot be ruled out: ITAT (See Breaking News) TP - Functionally different companies cannot be considered as comparables: ITAT (See Breaking News) TP - If assessee has charged fees @0.5% on account of corporate guarantee provided by it, then such fee would be considered at ALP: ITAT (See Breaking News) TP - In case of default, there is always inherent risk in providing guarantees which may be reason that Finance provider insist on non-charging any commission from AE as commercial principle: ITAT (See Breaking News) TP - Corporate guarantee is not comparable to bank guarantee; commission charged cannot be evaluated based on bank guarantee rates: HC (See Breaking News) I-T - Expenses incurred by assessee in respect of Hyderabad unitis incurred for business purposes qualify to be considered u/s 37(1), if expenses are intrinsically connected with business of assessee: ITAT (See Breaking News) I-T - Export commission paid to non-residents for services rendered abroad without carrying out any business operations in India, is not taxable in India: HC (See Breaking News) TP - Adjustment made by TPO shall be restricted to international transactions alone, and not upon entire turnover/operating costs: HC (See Breaking News) I-T - Broadcasting license fees received for telecast of live matches cannot be considered as royalty: ITAT (See Breaking News) TP - TPO shall compute eligible profits as per Sec 80IA(8) with reference to rates at which respective State Electricity Boards/distribution companies has supplied electricity to end consumers in open market: ITAT (See Breaking News)
 
TII SEARCH
 
 
   
Home >> News Brief
 

OECD/EU makes available database on affordable housing
By TII News Service
Feb 09, 2017 , Paris

    
THE OECD, together with the European Union, has launched a database that analyses and compares the state of affordable housing across OECD and European Union countries.

The Affordable Housing Database (http://www.oecd.org/social/affordable-housing-database.htm) includes 24 indicators covering three main issues: housing market context, housing conditions, and public policies towards affordable housing. Indicators include among others: tax relief for home owners, housing allowances, public spending on support to social rental housing, homeless population estimates and housing costs over income.

It reveals the challenges countries face in providing affordable housing, which play a major role in reducing poverty and enhancing equality of opportunity, social inclusion and mobility. Housing costs constitute the single highest expenditure item out of household budget, and represent a major financial burden for low-income households in many countries. On average, nearly 15% of tenants and 10% of mortgage payers spend over 40% of their disposable income on housing costs in OECD countries (read the working paper here ). The share is much higher for low-earners: around 40% of low-income households spend over 40% of their income, both for mortgage-payers and private sector tenants. In Croatia, Chile, Greece, Portugal, Spain, the United Kingdom and the United States more than half of households in the bottom quintile of the income distribution spend more than 40% of their disposable income on rent.

A lack of sufficient living space is also a concern, with negative effects of overcrowded dwellings on health and on child outcomes. In nearly all countries, the overcrowding rate increases as household income decreases. In Hungary, Mexico, Poland and Romania overcrowding rates amongst households in the bottom quintile are highest at more than 40% of households. By contrast, less than one in ten low-income households lives in overcrowded dwellings in English-speaking countries, Belgium, Estonia, Malta, Cyprus, Korea, Japan, the Netherlands, Portugal, Spain and Switzerland.

In terms of the policies in place to make housing affordable, housing allowances are one of the most widely used instruments. At 1.4% of GDP, public spending on housing allowances is by far the highest in the United Kingdom, followed by France and Finland. Public spending on housing allowances is close to 0.5% of GDP in Denmark, Germany, the Netherlands, New Zealand and Sweden, and between 0.1 and 0.3% of GDP in Australia, Austria, Bulgaria, Croatia, Czech Republic, Ireland, Japan and the United States.

 
 
INTL TAXATION INTL MISC TP FDI LIBRARY VISA BIPA NRI TII
  • DTAA
  • Circulars (I-T Act, 1922)
  • Limited Treaties
  • Other Treaties
  • TIEAs
  • Notifications
  • Circulars
  • Relevant Sections of I-T Rules,1962
  • Instructions
  • Administrative Orders
  • DRP Panel
  • I-T Act, 1961
  • MLI
  • Relevant Portion of I-T Act,1922
  • GAAR
  • MAP
  • OECD Conventions
  • Draft Guidelines
  • DTC Bill
  • Committee Reports
  • FATCA
  • Intl-Taxation
  • Finance Acts
  • Manual on EoI
  • UN Model Taxation
  • Miscellaneous
  • Cost Inflation Index
  • Union Budget
  • Information Security Guidelines
  • APA Annual Report
  • APA Rules
  • Miscellaneous
  • Relevant Sections of Act
  • Instructions
  • Circulars
  • Notifications
  • Draft Notifications
  • Forms
  • TP Rules
  • APA FAQ
  • UN Manual on TP
  • Safe Harbour Rules
  • US Transfer Pricing
  • FEMA Act
  • Exchange Manual
  • Fema Notifications
  • Master Circulars
  • Press Notes
  • Rules
  • FDI Circulars
  • RBI Circulars
  • Reports
  • FDI Approved
  • RBI Other Notifications
  • FIPB Review
  • FEO Act
  • INTELLECTUAL PROPERTY
  • CBR Act
  • NBFC Report
  • Black Money Act
  • PMLA Instruction
  • PMLA Bill
  • FM Budget Speeches
  • Multimodal Transportation
  • Vienna Convention
  • EXIM Bank LoC
  • Manufacturing Policy
  • FTDR Act, 1992
  • White Paper on Black Money
  • Posting Policy
  • PMLA Cases
  • Transfer of Property
  • MCA Circular
  • Limitation Act
  • Type of Visa
  • SSAs
  • EPFO
  • Acts
  • FAQs
  • Rules
  • Guidelines
  • Tourist Visa
  • Notifications
  • Arbitration
  • Model Text
  • Agreements
  • Relevant Portion of I-T Act
  • I-T Rules, 1962
  • Circulars
  • MISC
  • Notification
  • About Us
  • Contact Us
  •  
     
    A Taxindiaonline Website. Copyright © 2010-2025 | Privacy Policy | Taxindiainternational.com Pvt. Ltd. OPC All rights reserved.