'Tax Free New York' initiative to create economic development zones around all state college campuses
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ALBANY, NY - May 22, 2013 - On Wednesday, New York Governor Andrew M. Cuomo unveiled "Tax-Free NY," a new economic development initiative that is intended to transform State University of New York campuses and university communities across the state into tax-free communities that attract start-ups, venture capital, new business, and investments from across the world.
Tax-Free NY is geared toward enticing companies to bring business ventures to Upstate New York by offering them the...
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'Tax Free New York' initiative to create economic development zones around all state college campuses
New businesses would operate completely tax free for 10 years, including no income tax for employees, as well as no sales, property or business taxes.
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