- NY Credits : 1.0
- TX Credits : 1.0
GASB 77 and Tax Abatements
Upon completion of GASB 77 and Tax Abatements, the user should be able to:
recognize what a tax abatement is and how local governments use these types of agreements,
identify what exposure draft commenters desired for GASB 77 and when the Statement will be effective, and
recognize when a government can collect the taxes that were intended to be abated in an agreement.