Bass, Berry & Sims attorney Mike Sontag co-presented at the 2015 Paul J. Hartman State and Local Tax Forum on the topic of “Hidden Clawbacks – The New ‘Welcome Stranger’ Paradigm.” Comments from his presentation were included in an article recap published by Tax Analysts. Citing two examples, Mike cautioned taxpayers on “‘hidden clawbacks’ that may make state tax incentives and other economic development awards much less valuable than they originally appeared.”
The full article, “Panelists Explain ‘Hidden’ Ways States Can Reduce Incentives,” was published by Tax Analysts’ State Tax Notes on November 2, 2015 and is available online (subscription required).