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:
2018
Program name:
Business License Incentive Program
Program purpose:
Economic development
:
Statutory authority:
City Code Chapter 18.202-208
:
Abating jurisdiction(s):
Virginia Beach
:
Applicable taxes:
Business License Tax
Method of abatement:
Tax exemption
:
Provisions for recapture:
(not specified)
:
Gross revenue loss:
$319,900
:
Reimbursement / offset:
$0
:
Net revenue loss:
$319,900
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
