Disney wants to end tax incentive deals with Anaheim in an attempt to improve relationship with city

Disney wants to end tax incentive deals with Anaheim in an attempt to improve relationship with city

The second tax profit, adopted in 2016, would give the resort a $267-million rebate on the city’s resort tax if Disney builds a luxurious resort. The Disneyland Resort drew up plans to construct the resort, which was set to open in 2021, however realized final week that, in accordance to the Anaheim city legal professional, the resort venture doesn’t qualify for the break as a result of Disney moved the placement of the venture after the deal was reached.

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