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Q: What does 421A tax abatement mean?
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What is a 421a real estate taxes?

Apparently, 421-a is a tax abatement programme in New York State that is available to developers who develop multi-family housing. You can read more by reading the law, below.


Where can one find more information about Tax abatement?

One can find more information about Tax abatement online. Some of the useful websites about Tax abatement are Land Rights, Business Dictionary and Investopedia.


What is tax abatement?

Tax abatement is a reduction in the amount of tax that must be paid. The term is most commonly used in connection with real estate taxes, where owners may apply for a tax abatement on the grounds that the property is valued for tax purposes at too high a level.


What rhymes with understatement?

Some words that rhyme with "understatement" are abatement, defacement, and merriment.


What does abatement of pain mean?

Abatement of pain is the same as reduction of pain.


What does smog abatement mean?

Smog abatement means reducing the amount or intensity of smog.


What does order of abatement mean?

An order of abatement is a legal order to correct a violation of some sort.


What does abatement mean when it pertains to air duct cleaning?

Abatement may refer to Abatement Technologies, a well-known manufacturer of air duct cleaning equipment. Or it may refer to other services offered by the air duct cleaning provider, such as asbestos abatement or lead abatement.


What does potential penalty abatement mean?

Potential penalty abatement means the possibility that the amount of a penalty might be reduced.


What is the price for 421A refrigerant in the Atlanta area?

600usd


How does one get out of paying penalty abatement?

Penalty abatement is not something that one would want to "get out of". Penalty abatement is a relief from paying penalties to the IRS for the late filing or paying of taxes. First-Time Abate is a program for those who have been in compliance with the tax laws for at least three years.


What is the role of tax concession in economic growth?

often tax authorites will give a tax concession to entities to encourage certain types of behavior, ex if you build a factory in a certain area you will get an abatement (tax free)