ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
In 2011, the Louisiana Commerce and Industry Board provided an incentives package to ExxonMobil for an ultra-low sulfur-diesel production unit in its Baton Rouge's refinery, for which the company received property tax exemptions worth $118.9 million over 10 years.
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.
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