Examples are automatically compiled from online sources to
show current usage.Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
In LaPorte, the agreement announced recently eschews a tax abatement request and provides for full property taxes to be collected, 15% of which will go to the local school district, Durkin noted.—Doug Ross, Chicago Tribune, 17 Mar. 2026 Stargate, Abilene and Taylor County agreed to a generous tax abatement package, abating 85% of property taxes for the next 10 years.—Elizabeth Campbell, Fort Worth Star-Telegram, 20 Feb. 2026 Two Carmel developers plan to demolish an aging office park in Nora to build a 250-unit market-rate apartment complex — and the project will move forward with a tax abatement worth more than $7 million over 10 years.—Alysa Guffey, IndyStar, 5 Feb. 2026 The company is requesting a 70% tax abatement rate over 10 years on its real and personal property investments.—Kelsey Brown, San Antonio Express-News, 14 Jan. 2026 This year’s State of the State includes a pledge to overhaul the state’s decades-old J-51 tax abatement and incentive program, which helped expand the city’s rent stabilization system.—Chris Sommerfeldt, New York Daily News, 13 Jan. 2026 The monthlies are low for now — $622 — but the building’s J-51 tax abatement expires in 2026.—Clio Chang, Curbed, 5 Jan. 2026 The tax abatement rules would allow the county, the Port of Morrow, and the city of Boardman to trade tax abatements worth between $1 and $2 billion to the tech giant over the next 15 years.—Sean Patrick Cooper, Rolling Stone, 24 Nov. 2025 Under its initial tax abatement agreement, Samsung was exempted from certain city, county and sales taxes while paying a use tax directed to Taylor and Williamson County.—Karoline Leonard, Austin American Statesman, 17 Nov. 2025