Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Virginia
Reporting Jurisdiction:
Virginia Beach
Jurisdiction type
:
Municipality

Fiscal year ending In:
2017
Program name:
Business License Incentive Program
Program purpose
:
Economic development

Statutory authority
:
(data not yet retrieved)

Abating jurisdiction(s)
:
Virginia Beach

Applicable taxes:
Business License Tax
Method of abatement
:
(data not yet retrieved)

Provisions for recapture
:
(not specified)

Gross revenue loss
:
$541,215

Reimbursement / offset
:
$0

Net revenue loss
:
$541,215

Type of loss
:
Active

Additional notes on dislosure:
(none)