The Vermont Tax Expenditure Report represents an evolving effort to catalogue all exemptions, exclusions, deductions, credits, preferential rates or deferral of liability as defined in 32 V.S.A. § 312 (a) applicable to the state’s major tax sources and provide an estimate of the fiscal effect for each. Tax expenditure reporting is now in its tenth year in Vermont and has been substantially modified to reflect more recent research and recommended best practices.
|Vermont Tax Expenditures Biennial Report|
|Vermont Tax Expenditures Transition Report|
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