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A white paper recently released by the Kauffman Foundation finds that KansasCity and other areas viewed as “new” startup high-tech hubs actually are benefitting from many years of nurturing a local culture of entrepreneurship. The top 10 cities in 2010 also ranked among the top 20 cities two decades earlier.
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Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.
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