#tax-break

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Washingtonian - The website that Washington lives by.
1 month ago
Canada news

DC's Tax Holiday for Medical Marijuana Has Been Extended - Washingtonian

Tax break for medical marijuana users in DC extended to two weeks, increasing patient registration period to six years. [ more ]
Brownstoner
3 months ago
NYC politics

Thousands of Housing Units Coming to Gowanus

The Governor of New York, Kathy Hochul, announced that 18 new housing developments in the Gowanus area of New York City will move forward thanks to a state tax break called the Gowanus Neighborhood Mixed Income Housing Development Program.
The program allows for the construction of 5,300 housing units, of which 1,400 will be rent-stabilized and income-restricted, conforming to the city's Mandatory Inclusionary Housing program and offering a deeper level of affordability than the expired 421-a tax break. [ more ]
POLITICO
4 months ago
Germany politics

German government backtracks on tax hikes for farmers following protests

Germany's ruling coalition backtracks on proposal to cut tax privileges for farmers after protests.
Government will phase out tax breaks on diesel fuel for farmers gradually and waive tax increases for agricultural vehicles. [ more ]
Time Out New York
4 months ago
East Bay real estate

NYC plans to build new affordable housing in wealthy neighborhoods

New York City's wealthier neighborhoods may see an influx of more affordable housing due to a new plan that rewards developers with a tax break for building mixed-income rental projects.
The plan, called the Mixed Income Market Initiative (MIMI), incentivizes projects that include affordable and market-rate units, with a preference for those that have the most affordability and efficiently use city funding.
The initiative is part of Mayor Eric Adams' effort to add 500,000 more homes to NYC in the next 10 years. [ more ]
www.independent.co.uk
5 months ago
UK news

Budget: What's in and out of Jeremy Hunt's autumn statement?

British Chancellor Jeremy Hunt announces a 2% cut to national insurance contributions and an extended tax break for businesses.
Hunt claims his plan for the British economy is working, but Labour accuses the Tories of making working people worse off.
The minimum wage will also increase and the age eligibility for the National Living Wage will be lowered. [ more ]
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