Calif. City Offers Incentives to New-Car Dealers
The city of Anaheim, Calif., has approved a new program that would give new-car dealers a 40% rebate on the city’s share of sales taxes for 10 years.
ANAHEIM, Calif. — City officials in Anaheim, Calif., have approved a new program that would give dealers opening new-car dealerships in the city a 40% rebate on the city’s share of sales taxes for up to a decade, the Orange County Register reports.
Typically, the city keeps 1% of the sales tax generated from vehicle sales. Existing dealerships are also eligible for the program if they profit from an expansion of their lots.
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