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New guidelines could mean less transparency for incentives used to lure firms to Tennessee

FEBRUARY 19, 2018 | by Mike Reicher | TENNESSEAN

“Thanks to a new accounting rule, local governments have to publicly report any property tax breaks they give to companies, since the lost revenue means less funding for schools, roads and other services. But a proposed update to the guidelines could exempt Tennessee and some other states' local governments from disclosing one of their largest business subsidies.”

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