The article compares how property taxes are managed in different countries. In some places, the same government level designs, administers, and collects the tax, like in the US. But in Taiwan, the national government sets policies, provinces administer the tax, and revenue is shared. In the US, states set property tax policies, local governments collect them, but most of the money goes to school districts. The study looks at the moral hazard problem in property tax administration, focusing on the Czech and Slovak Republics.