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 Jun 2013 | Removal date: open ended
Still in force

Tax or social insurance relief

In 2013 state and local governments in Alabama provided $429,500,000 in incentives to Bayer CropScience for an agri-chemical plant. About $396 million ($19.8 million for 20 years) will come from the Capital Income Tax Credit program. In addition, the city committed $300,000 and the county $500,000. The Mobile County Industrial Development Authority is also reported to have provided $32 million in 10-year tax abatements.
 
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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AFFECTED SECTORS AND PRODUCTS

346 Fertilizers & pesticides
3105 Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg.
310510 Goods of this Chapter in tablets or similar forms or in packages of a gross weight not exceeding 10 kg
310520 Mineral or chemical fertilisers containing the three fertilising elements nitrogen, phosphorus and potassium
310530 Diammonium hydrogenorthophosphate (diammonium phosphate)
310540 Ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate)
310559 Other
310560 Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium
310590 Other

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