IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Aug 2014 | Removal date: open ended
Still in force

Tax or social insurance relief

Volkswagen is receiving substantial assistance from state and local governments as an incentive for the location of a 2000-job expansion in an existing factory. The city of Chattanooga, Tennessee and the government of Hamilton County will provide a combined $52.5 million in upfront cash in 2014, in addition to $177.8 million of grants and training assistance pledged by the state of Tennessee to be provided for the project in fiscal 2015. Combined with property tax breaks and assistance from the Tennessee Valley Authority, nearly half of the cost for VW's $600 million plant expansion will be paid for by government taxpayers and ratepayers.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870310 Vehicles specially designed for travelling on snow; golf cars and similar vehicles
870321 Of a cylinder capacity not exceeding 1,000 cc
870322 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870331 Of a cylinder capacity not exceeding 1,500 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870333 Of a cylinder capacity exceeding 2,500 cc
870390 Other

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