Large Businesses That Come To DeKalb Will Still Receive Tax Breaks

Oct 1, 2014

Big companies will continue to receive a tax break for moving to DeKalb after the city agreed to extend a tax agreement through next year. It provides incentives for large businesses that come to or expand in DeKalb as long as they follow certain criteria on building size, jobs and wages.

Credit Simon Cunningham, licensed under CC BY 2.0 / lendingmemo.com

The Daily Chronicle reports the tax abatement has been critical in attracting more than 1,200 new jobs and millions of dollars in revenue since 2006. Local officials expect state designations to be awarded by next year and go into effect in 2016.