No tax break for Dunwoody State Farm tower

 

Like a good neighbor, State Farm is there — but your tax money isn’t.

The nation’s largest property insurance company backed off its pursuit of $15 million in tax incentives to build a Dunwoody office tower that’s almost completely constructed, said spokesman Justin Tomczak in a statement Monday.

State Farm withdrew its request for a property tax break amid questions from Dunwoody’s economic development board about its necessity, since the company had already committed to consolidate offices on the 17-acre campus near Perimeter Mall. Tax incentives are usually designed to encourage businesses to relocate or expand.  Continue Reading at AJC.COM