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Tax break * USA - Trucking firm gets
Parsons,KS,USA -The Parsons Sun, by Jamie Willey -21 Feb 2007: -- Thomasville, N.C.-based Old Dominion Freight Line Inc. will get a tax break as an incentive to add to its facility in Flynn Industrial Park... City commissioners on Monday approved a 10-year property tax abatement on the new portion of the nationwide trucking company's facility here. Old Dominion will pay no property taxes on the expansion for five years. The company then will pay 20 percent of its taxes on the addition in year six and 20 percent more each additional year until year 10, when Old Dominion will begin paying its full share of taxes...
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