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Hepburn County Administrative Policy Manual Tax Abatement Financing Policy Authority:County BoardEffective: Revised:9/5/20171. General Purposes and Objectives Hepburn County is committed to the promotion
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What is economic development tax abatement?
Economic development tax abatement is a program that allows qualifying businesses to receive a reduction in property taxes as an incentive for economic development.
Who is required to file economic development tax abatement?
Businesses that meet the eligibility requirements set forth by the local government are required to file for economic development tax abatement.
How to fill out economic development tax abatement?
To fill out economic development tax abatement, businesses must gather the necessary financial information and documentation required by the local government and submit the application by the deadline.
What is the purpose of economic development tax abatement?
The purpose of economic development tax abatement is to encourage businesses to invest in a particular area, create jobs, and stimulate economic growth.
What information must be reported on economic development tax abatement?
Businesses must report information such as the value of the property, the number of jobs created, and the amount of investment made in the area.
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