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Economic Development Tax Abatement For Economic Development

admin @ March 20, 2008 # No Comment Yet

Tax abatement can be defined as a short-term elimination of increased real property taxes, characteristically provided as incentive for new growth or as a motivation for redevelopment. Such economic development tax abatement basically helps business and property owners to increase their capital investment which in turn enlarges the tax base, generates and keeps good paying [...]

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