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What’s the Effect of Disney Exiting Its Anaheim Tax Deals?

Rachel Gunter
What’s the Effect of Disney Exiting Its Anaheim Tax Deals?

Walt Disney (DIS) recently exited the tax incentive agreements that its Disneyland Resort arm had inked with its host city of Anaheim, California. In 2015, Disney struck a deal preventing Anaheim from imposing an entertainment tax on Disneyland as long as the resort invests at least $1.0 billion in the city by 2024.