In this case, the city government offered Williams Bennett a tax abatement in the amount of $1,000,000,

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In this case, the city government offered Williams Bennett a tax abatement in the amount of $1,000,000, spread evenly over the first five years of operations. Explain how the tax abatement impacts the company’s ability to pay debt service.

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Hospitality Financial Management

ISBN: 9780471692164

1st Edition

Authors: Agnes L DeFranco, Thomas W Lattin

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