INCENTIVE DESCRIPTION

State: AL
Incentive Type: Property Tax Incentives
Incentive Title: Property Tax Abatements
Description: 1. REAL AND PERSONAL PROPERTY - Qualified businesses may receive a property tax abatement for real and personal property. The abatement does not include the tax rate attributable for school districts. The property tax abatements are negotiable at the county level. 2. INVENTORY AND POLLUTION CONTROL - See Other Tax Incentives under Property Tax Incentives.
Eligibility Requirements: 1.Must be a qualified business. Must obtain approval by the county industrial boards. Must complete a project notification to the local community.
Geographic Restrictions: Statewide
Granting Authority: Department of Revenue


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.