IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
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Inception date: 01 Jan 2010 | Removal date: open ended
Still in force

Tax or social insurance relief

In 2009 state and local government agencies provided an incentives package to Yahoo, including an estimated $181 million sales tax exemption on construction material and equipment purchases; a 10-year local property tax abatement worth about $19 million; and $58 million in electricity discounts from the New York State Power Authority.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.
As no official source could be obtained, this measure is coded "amber".

AFFECTED COUNTRIES

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