Tempe tax break to private developer may go to Arizona Supreme Court
CLOSE This tax incentive is under fire by lawmakers and facing a lawsuit that could threaten its use. Here's a quick primer on the Government Property Lease Excise Tax.
The Arizona Attorney General's Office says Tempe followed the rules in giving a tax break to a hotel, but may have violated state law on another project.
The property-tax break on The Graduate Hotel in downtown Tempe adheres to state law, while the city's tax break on a Bank of the West office building on Fountainhead Parkway was less clear, according to an AG report released Thursday.
"There is enough of a question ...... read more