The Statutes at Large

The Statutes at Large PDF Author: Virginia
Publisher:
ISBN:
Category : Law
Languages : en
Pages :

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Acts of the Legislature of West Virginia

Acts of the Legislature of West Virginia PDF Author: West Virginia
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 144

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Coal Mining Laws ...

Coal Mining Laws ... PDF Author: Colorado
Publisher:
ISBN:
Category : Mines and mining
Languages : en
Pages : 104

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A Good Tax

A Good Tax PDF Author: Joan Youngman
Publisher:
ISBN: 9781558443426
Category : Local finance
Languages : en
Pages : 260

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Book Description
In A Good Tax, tax expert Joan Youngman skillfully considers how to improve the operation of the property tax and supply the information that is often missing in public debate. She analyzes the legal, administrative, and political challenges to the property tax in the United States and offers recommendations for its improvement. The book is accessibly written for policy analysts and public officials who are dealing with specific property tax issues and for those concerned with property tax issues in general.

The Purchase of Coal

The Purchase of Coal PDF Author: Arthur D. Little, Inc
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Handbook on Evidence for West Virginia Lawyers

Handbook on Evidence for West Virginia Lawyers PDF Author: Franklin D. Cleckley
Publisher: MICHIE
ISBN: 9781558341579
Category : Evidence (Law)
Languages : en
Pages :

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Book Description
The Handbook on Evidence for West Virginia Lawyers gives the practicing attorney a convenient courtroom manual & deskbook. Specifically intended for use in the courtroom, this new Third Edition helps the trial lawyer analyze evidentiary issues & apply solutions to evidentiary problems.

Biennial Report of the State Tax Commissioner

Biennial Report of the State Tax Commissioner PDF Author: Washington (State). Tax Commissioner
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 390

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Taxing California Property

Taxing California Property PDF Author: Kenneth A. Ehrman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 180

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Campaign Guide for Political Party Committees

Campaign Guide for Political Party Committees PDF Author:
Publisher:
ISBN:
Category : Campaign funds
Languages : en
Pages : 68

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Biennial Report - Tax Commissioner of West Virginia

Biennial Report - Tax Commissioner of West Virginia PDF Author: West Virginia. Office of the Tax Commissioner
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 324

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Rethinking Property Tax Incentives for Business

Rethinking Property Tax Incentives for Business PDF Author: Daphne A. Kenyon
Publisher:
ISBN: 9781558442337
Category : Electronic books
Languages : en
Pages : 0

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Book Description
The use of property tax incentives for business by local governments throughout the United States has escalated over the last 50 years. While there is little evidence that these tax incentives are an effective instrument to promote economic development, they cost state and local governments $5 to $10 billion each year in forgone revenue. Three major obstacles can impede the success of property tax incentives as an economic development tool. First, incentives are unlikely to have a significant impact on a firm's profitability since property taxes are a small part of the total costs for most businesses--averaging much less than 1 percent of total costs for the U.S. manufacturing sector. Second, tax breaks are sometimes given to businesses that would have chosen the same location even without the incentives. When this happens, property tax incentives merely deplete the tax base without promoting economic development. Third, widespread use of incentives within a metropolitan area reduces their effectiveness, because when firms can obtain similar tax breaks in most jurisdictions, incentives are less likely to affect business location decisions. This report reviews five types of property tax incentives and examines their characteristics, costs, and effectiveness: property tax abatement programs; tax increment finance; enterprise zones; firm-specific property tax incentives; and property tax exemptions in connection with issuance of industrial development bonds. Alternatives to tax incentives should be considered by policy makers, such as customized job training, labor market intermediaries, and business support services. State and local governments also can pursue a policy of broad-based taxes with low tax rates or adopt split-rate property taxation with lower taxes on buildings than land.State policy makers are in a good position to increase the effectiveness of property tax incentives since they control how local governments use them. For example, states can restrict the use of incentives to certain geographic areas or certain types of facilities; publish information on the use of property tax incentives; conduct studies on their effectiveness; and reduce destructive local tax competition by not reimbursing local governments for revenue they forgo when they award property tax incentives.Local government officials can make wiser use of property tax incentives for business and avoid such incentives when their costs exceed their benefits. Localities should set clear criteria for the types of projects eligible for incentives; limit tax breaks to mobile facilities that export goods or services out of the region; involve tax administrators and other stakeholders in decisions to grant incentives; cooperate on economic development with other jurisdictions in the area; and be clear from the outset that not all businesses that ask for an incentive will receive one.Despite a generally poor record in promoting economic development, property tax incentives continue to be used. The goal is laudable: attracting new businesses to a jurisdiction can increase income or employment, expand the tax base, and revitalize distressed urban areas. In a best case scenario, attracting a large facility can increase worker productivity and draw related firms to the area, creating a positive feedback loop. This report offers recommendations to improve the odds of achieving these economic development goals.