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E'town approves tax incentives for Remington Arms expansion

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Property tax abatement, occupational tax refund part of deal

By Marty Finley

Elizabethtown City Council approved a package of tax incentives Monday for expansion of Remington Arms.

The package includes a five-year property tax abatement and a Kentucky Business Investment program incentive that entails an annual refund of 1 percent of Elizabethtown occupational license fees on new jobs created for a period of 10 years.


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