Several bills would exempt products like diapers, carseats, toothpaste, and medical devices from the state’s sales tax.
A decades old District institution on Georgia Avenue NW looks like it’s slated for a 10-year tax abatement, after the black-owned bookstore lobbied for relief from the city.
The discovery that the hotel didn’t meet all its conditions for the abatement has set up something of a showdown.
Aug 01, 2012
Tea Party Senator Proposes Olympic-Sized Tax Dodge
A tax break for U.S. athletes who win Olympic medals? Sen. Marco Rubio (R-Fla.) wants to let Team USA bring its winnings back home without giving any to the IRS.
Jul 19, 2012
Amid Poor Poll Numbers on Business, Gray Signs $32.5 Million Tax Break for LivingSocial
A tax incentive package that will give LivingSocial $32.5 million between 2015 and 2020 in return for the daily deals company remaining headquartered in the District was signed into law today by Mayor Vince Gray.
Jul 09, 2012
D.C. Could Lower Tax Rate for Tech Investors
Only weeks after giving LivingSocial a $32 million tax break, the D.C. Council will vote on legislation tomorrow that would give similarly give investors in local tech companies some relief on their earnings.