You hold an annual auction for the exclusive rights to the property that the tax will be derived from. The current owner can choose to keep the rights and pay t

You hold an annual auction for the exclusive rights to the property that the tax will be derived from. The current owner can choose to keep the rights and pay the tax or they can choose to sell the exclusive rights to the highest bidder who must pay and then becomes the holder of the exclusive use rights and the new owner would then also pay the tax based on the known value. This might also usher out IP trolls and IP squatters.