New rule gradually bringing corporate tax breaks to light

Columbus, Ohio • Want to know how much money governments give away in corporate tax breaks? Good luck. For years, the figure has been incredibly difficult to calculate. That’s because states, cities and other government units haven’t been directed to uniformly report the value attached to the various tax incentives, abatements and financing deals they agree to as a way of stimulating economic growth. A major accounting shift taking place across the U.S. now is changing things. The nonprofit Gove...

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