Knowledgebase-New Financial Disclosure Required for Tax Abatements


Information Product

Title:New Financial Disclosure Required for Tax Abatements
Summary:A tax abatement per GASB may not be the same as the legal definition of a tax abatement in Tennessee law, but remember that GASB’s definition is for external financial reporting purposes.
Original Author:Stegall, Kay
Co-Author:
Product Create Date:12/05/2016
Last Reviewed on::09/29/2017
Subject:Financial disclosure; Finance--Tax increment financing; Finance--Municipal; Taxes--Payment in lieu of taxes; Taxation--Municipal; Economic development; Industrial development--Boards; Industrial recruitment and retention
Type:General
Original Document: New GASB Disclosure Required for Tax Abatements.pdfNew GASB Disclosure Required for Tax Abatements.pdf

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