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What is a exactly is a tax abatement and do you have to pay that money back once the abatement is over?

2007-03-19 15:55:01 · 1 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

1 answers

A tax abatement is a reduction in a tax. Once the abatement expires, you start paying the tax at the regular rate.

2007-03-19 15:58:59 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋

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