Latest Local taxes News

Even small companies may be able to cut Amazon-like deals

Nov. 19, 2018 4:00 PM EST

NEW YORK (AP) — A company doesn't need to be as big as Amazon to get a good deal on real estate. Whether a small business wants to buy or rent, it may have leverage with landlords or local governments to get breaks on rent or taxes. It's especially doable if a company can be a drawing card that helps boost...

Amazon's would-be NY neighbors: Cynicism, some hope for jobs

Nov. 17, 2018 11:49 AM EST

NEW YORK (AP) — Shawn Smith has heard the promises before. When new hotels sprang up near the public housing complex in Queens where he's lived for 17 years, residents were told they would bring jobs and economic opportunity. He hasn't seen any of it. So he's cynical about the announcement this week that...

Correction: Amazon HQ-Trump Tax Break story

Nov. 15, 2018 3:39 PM EST

NEW YORK (AP) — In a story Nov. 14 about the site of Amazon's New York City headquarters being in an "opportunity zone" that offers tax breaks to developers, The Associated Press erroneously reported the name of the group that did a study finding that a third of such zones nationwide are in areas that are...

Incentives to Amazon could top $2.8 billion in NYC

Nov. 14, 2018 5:11 PM EST

NEW YORK (AP) — The total value of the incentive package New York is using to lure Amazon could top $2.8 billion. Amazon announced Tuesday that it would build new headquarters in New York City and Washington D.C.'s Virginia suburbs, each of which would host around 25,000 workers. The New York City...

Big question for Amazon's 2 chosen cities: Will it pay off?

Nov. 14, 2018 3:20 PM EST

WASHINGTON (AP) — The awarding of Amazon's second headquarters to two affluent localities has fanned intense speculation around a key question: For the winning cities, will the economic payoff prove to be worth the cost? Amazon's decision will bring to Arlington, Virginia, and the Long Island City section...

Syracuse profits by handwriting thousands of late-tax notes

Nov. 13, 2018 4:44 PM EST

ALBANY, N.Y. (AP) — A city in New York state has found a novel way of motivating residents to pay their back taxes: personal notes handwritten by city officials. The idea stemmed from an experiment on late-tax payments, in which the city of Syracuse partnered with researchers at Syracuse University. City...

Amazon's growing pains in Seattle offer lessons to new hosts

Nov. 13, 2018 2:27 PM EST

SEATTLE (AP) — As Amazon turns its attention to setting up new homes in Long Island City, New York and Arlington, Virginia, experts and historians in Seattle say both places can expect a delicate relationship with the world's hottest online retailer. The communities will be subject to outsized influence...

Local officials approve funding for Pulse museum in Florida

Nov. 2, 2018 8:03 AM EDT

ORLANDO, Fla. (AP) — Up to $10 million in local hotel tax revenue can be used to help build a museum to the 49 victims of a massacre at a gay nightclub in Florida. Orange County commissioners on Tuesday approved payments over three years to a foundation dedicated to building a museum commemorating the 2016...

Michael Bloomberg gives $1.5M to oppose ban on grocery tax

Oct. 29, 2018 2:40 PM EDT

PORTLAND, Ore. (AP) — Former New York City Mayor Michael Bloomberg has donated $1.5 million to the campaign against a ballot measure in Oregon that would ban any future taxes on grocery revenue and items sold in supermarkets. The Oregonian/OregonLive said Monday that Bloomberg has not commented publicly on...

Colorado lawsuit could ripple through US cannabis industry

Oct. 29, 2018 2:22 PM EDT

DENVER (AP) — A federal trial in Colorado could have far-reaching effects on the United States' budding marijuana industry if a jury sides with a couple who say having a cannabis business as a neighbor hurts their property's value. The trial set to begin Monday in Denver is the first time a jury will...