LivingSocial May Get Tax Breaks to Stay in D.C.

LivingSocial, the fast-growing daily deals company that has become one of the biggest private employers in the District, would make the city its long-term home under a deal proposed by Mayor Vincent C. Gray, who is willing to rewrite tech incentives that would save LivingSocial up to $32.5 million in taxes over a five-year period beginning in 2015.
April 18, 2012
 

LivingSocial, the fast-growing daily deals company that has become one of the biggest private employers in the District, would make the city its long-term home under a deal proposed by Mayor Vincent C. Gray, who is willing to rewrite tech incentives that would save LivingSocial up to $32.5 million in taxes over a five-year period beginning in 2015.

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