TIF meaning in Accounts and Finance ?

Answer: What is Tax Increment Financing mean?

Tax increment financing (TIF) is a public financing method that is used as a subsidy for redevelopment, infrastructure, and other community-improvement projects in many countries, including the United States. The original intent of a TIF program is to stimulate private investment in a blighted area that has been designated to be in need of economic revitalization. Similar or related value capture strategies are used around the world.

Through the use of TIF, municipalities typically divert future property tax revenue increases from a defined area or district toward an economic development project or public improvement project in the community. TIF subsidies are not appropriated directly from a city's budget, but the city incurs loss through forgone tax revenue. The first TIF was used in California in 1952. By 2004, all 50 American states had authorized the use of TIF, except Arizona. The first TIF in Canada was used in 2007.

reference

Full Form	Category
Tax Increment Financing	Accounts and Finance
Taif	Airport Code
Tiffany & Company	Business
Tax Increment Finance	Business
Technology Investment Fund	Business
teacher Incentive Fund	Community
Theatre In The Factory	Community
Text Interchange Format	Computing
Tv Input Framework	Computing
Tagged Image Format	Computing
Temporary Initialization File	Computing
Tagged Image File Image Format	Electronics
Temporary Internet Files	File Type
Tag Interchange File	General
Tagged Image File	General
This Is Free	General
Transoral Incisionless Fundoplication	General
This Is Fake	General
Turbo Inlet Flange	General
Taxi Improvement Fund	General
Totally Infinite Formats	General
Today I Feel	General
Tax Increase Feud	Governmental
Transport Innovation Fund	Governmental
Transportation Impact Fee	Governmental
Texas Infrastructure Fund	Governmental
Travel Insurance and Financial	Governmental
Texas Infrastructure Funds	Governmental
Tax Increment Funding	Governmental
Tax Incrementing Financing	Income Tax
Tax Incremental Financing	Income Tax
Tax Incremental Finance	Income Tax
Tenth International Fellowship	International
This Is Fine	Internet
Time In Force	Military and Defence
Theater Internment Facility	Military and Defence
Test Incident Form	Military and Defence
Throw It Far	Sports
Telecommunications Infrastructure Fund	Telecommunication