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Tax Abatement in Minnesota <br /> How does Tax Abatement compare <br /> to Tax Increment? <br /> The following does not apply to tax abatement but is applicable to tax <br /> increment: <br /> • "But For" test <br /> Existing tax base can be abated, a hearing and abatement resolution are <br /> required,and maximum duration is 15 years or 20 years if two or fewer <br /> jurisdictions participate or 20 years if the project qualifies. <br /> Tax increment taxes captured do not include existing land and building <br /> value,a hearing and tax increment plan are required,and maximum <br /> duration varies. <br /> :�SPRINGSTED Page 6 <br />