LVT Logic
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LVT Logic
LVT may refer to: * Land value tax, a levy on the value of land * Landing Vehicle Tracked, an amphibious military vehicle * Leasehold valuation tribunal A leasehold valuation tribunal (LVT) was a statutory tribunal in England which determined various types of landlord and tenant dispute involving residential property in the private sector. An LVT consisted of a panel of three; one with a backgroun ..., in England * LogoVisual thinking, a thinking methodology {{disambig ...
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Land Value Tax
A land value tax (LVT) is a levy on the value of land (economics), land without regard to buildings, personal property and other land improvement, improvements. It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating. Land value taxes are generally favored by economists as they do not cause economic efficiency, economic inefficiency, and reduce economic inequality, inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century. Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity or discourage or subsidize development. LVT is associated with Henry George, whose ideology became known as Georgism. George ar ...
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Landing Vehicle Tracked
The Amphibious Vehicle, Tracked (LVT) is an amphibious warfare vehicle and amphibious landing craft, introduced by the United States Navy and United States Marine Corps. (The USN and USMC use "L" to designate Amphibious vessels, also called "L class.") The United States Army, Canadian Army and British Army used several LVT models during World War II, and referred to those vehicles as "Landing Vehicle, Tracked." Originally intended solely as cargo carriers for ship to shore operations, they evolved into assault troop and fire support vehicles. The types were known as amphtrack, "amtrak", "amtrac", etc. (portmanteaus of "amphibious tractor"), and "alligator" or "gator." Development The Alligator The LVT had its origins in a civilian rescue vehicle called the ''Alligator''. Developed by Donald Roebling in 1935, the Alligator was intended to operate in swampy areas, inaccessible to both traditional cars and boats. Two years later, Roebling built a redesigned vehicle with im ...
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Leasehold Valuation Tribunal
A leasehold valuation tribunal (LVT) was a statutory tribunal in England which determined various types of landlord and tenant dispute involving residential property in the private sector. An LVT consisted of a panel of three; one with a background in property law (generally a solicitor); one with a background in property valuation generally a qualified surveyor; and a layman, although some decisions of an LVT were decided by a single member. LVTs were non-departmental public bodies. The leasehold valuation tribunals were abolished under The Transfer of Tribunal Functions Order 2013 and their functions were transferred to the Property Chamber of the newly created First-tier Tribunal with effect from 1 July 2013. Jurisdiction Leasehold valuation tribunals had a number of jurisdictions including: * Determining the price to be paid by tenants compulsorily acquiring either the freehold of houses or lease extensions of flats or collectively exercising the right to purchase the freeh ...
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