TITLE

Tax Abatements as a Shield for Looming Property Tax Increases

AUTHOR(S)
Maloney, Jaclyn S.
PUB. DATE
September 2013
SOURCE
Development (08886067);Fall2013, Vol. 44 Issue 3, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The author discusses the use of tax abatement tools as a way for commercial real estate owners to address the risk of increasing property taxes. She explains that real estate tax abatements involve the reduction of or exemption from taxes for a given period of time. The common purpose of tax abatement by state includes encouraging investment in certain types of real estate that are perceived to provide an indirect public benefit.
ACCESSION #
90333003

 

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