Tax increment financing zone encourages economic development

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Reference no: EM131112297

Tax increment financing Zone encourages Economic Development by

A. reducing or eliminating state and local taxes paid by businesses located in the zone

B . reserving taxes generated by a new tax base on his own for infrastructure or other public services within the zone.

C. cutting the interest rate on private debt issued on business investment increments in the zone

D. providing financing to help to pay additional taxes when businesses expand in an impacted area

Reference no: EM131112297

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