States Sharpening Focus on Age-Old Query: What Is the True Impact of Tax Incentives?

The Bloomberg BNA Tax Management Weekly State Tax Report filters through current state developments and analyzes those critical to multistate tax planning.

Bloomberg BNA state tax law editor Jason Plotkin discusses the recent trend in states establishing statutory review of tax incentives for economic development. Recently, several states have passed legislation calling for the ongoing and systematic review of tax incentives for economic development in an attempt to answer the fundamental question of whether the benefits of tax incentives outweigh the costs.