tax abatement
Property charge relief
A tax abatement is a reduction or elimination of taxes, typically granted by a government to encourage development or investment in a particular area.
Cities offer tax abatements to attract businesses: The company received a ten-year tax abatement to build its headquarters downtown.
Property owners may receive abatements for renovating historic buildings or creating affordable housing.
- tax shelterLegal income-shielding arrangement
- rebateReturned portion of payment
- tax reliefReduction in owed levies
- tax breakReduction in owed amount
- forgivenessReleasing resentment toward offenders
tax collector · untaxed · tax incentive · local government · write-off · deduction · tax deferral · subsidy · development deal · property tax relief · assessed value · enterprise zone · urban renewal · concession · property assessment · credit · estate tax · inheritance tax
- property taxestax rate, council tax, property tax, tax bill, tax rates
- development policyregional cooperation, planning commissions, community development, rural development, urban renewal
- property taxproperty tax, real estate tax, assessed value, property tax bill, tax bill
- local taxescity tax, county tax, municipal tax, school tax, property tax
- tax exemptionsreligious exemption, tax exemption, military exemption, sales tax exemption
- tribal taxationtax exemption, tax exemptions, sovereign immunity, tribal governments, tribal government
tax abatementtax increase
Rise in taxation
tax hike · tax levy · tax assessment · tax penalty · special assessment
abatement, taxes, taxed, taxing, taxable, taxation, taxpayer, taxpayers, abate