The Town of Springdale has adopted its own tax incentive package for new business. Eligible businesses will receive 100% reduction in property tax and will pay only minimum business tax for the first year, followed by a four-year phase-in period at 20% a year.
The Town has undertaken this initiative in an attempt to diversify the town’s economic base, create new jobs and otherwise encourage significant new business investment in the community.
For more information contact the Town of Springdale at:
Town Office Phone: (709) 673-3439
Town Office E-mail: email@example.com
Town Mailing Address: P.O. Box 57, Springdale, NL A0J 1T0