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Reviewed Date: October 29, 2018
Subjects:
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
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.
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