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New Rule to Lift Veil on Tax Breaks

Accounting standard will require government officials to disclose value of property, sales and income taxes that have been waived
The Wall Street Journal
Original publication date: 
Tuesday, August 4, 2015 - 17:50

Cities and states have plied companies with tax breaks for decades hoping to attract jobs and commerce. A new accounting standard will force many to disclose the total annual cost.

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