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Business Incentives and Property Taxes in Bankruptcy

Bankruptcy is a dark cloud on a company's business. However, business incentives and property taxes can be a silver lining by bringing precious value ' such as property tax abatements, sale/use tax exemptions and, in some instances, favorable financing and utility rate reductions ' to help the company on its road to economic recovery.

11 minute read August 24, 2009 at 08:31 AM
By
Jerome M. Schwartzman And Gregory C. Burkart
Business Incentives and Property Taxes in Bankruptcy

Bankruptcy is a dark cloud on a company's business. Indeed, bankruptcy seems to combine the two inevitabilities, death and taxes.

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