ANNOUNCEMENT 09 Nov 2011

The assistance was provided under the state government's Urban Transit Hub Tax Credit Program. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 09 Nov 2011 | Removal date: open ended
Still in force

Tax or social insurance relief

Utilizing its Urban Transit Hub Tax Credit Program, the state of New Jersey provided a ten-year, $250,787,077 tax credit to Prudential Financial, Inc. This credit was later reduced to $210,828,357. The state government's principal aim in providing this aid was to retain this headquarters site in New Jersey.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A