Global Trade Alert
Global Trade Alert

United States of America/State of Connecticut: Tax credits and loans to Internet provider Indeed

Announcement

11 Jul 2017

The state government is providing loans (with possible forgiveness) and tax credits.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

11 Jul 2017

Revocation date:

No revocation date

State loan In force

On July 11, 2017 Governor Dannel P. Malloy of Connecticut and executives from Indeed announced that the internet company has plans to increase its presence in Connecticut by investing $26.5 million to...

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Tax or social insurance relief In force

Indeed is also eligible for up to $15 million in tax credits through DECD’s Urban and Industrial Sites Reinvestment Tax Credit program.

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