Publication
21 Jul 2011
UK Deputy Prime Minister Nick Clegg announced in September 2010 that the Coalition Government would allow local authorities to use tax increment financing (TIF) in order to finance infrastructure projects. TIF has been used in the US for approximately forty years and has generally been seen as a success. Nonetheless, differences in the tax systems mean that there will be differences between TIF in the UK and TIF in the US.
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English (PDF, 10 pages, 457 KB) |
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Author | Chris Sear |
Series | UK House of Commons Library Research Papers |
Publisher | House of Commons Library |