ANNOUNCEMENT 24 Apr 2012In April 2012, a US state government announced a targeted tax change.
NUMBER OF INTERVENTIONS
Main data from Good Jobs First at http://www.goodjobsfirst.org/sites/default/files/docs/Megadeals_February2015.xlsx.
Skip Descant, "C&I board approves tax breaks," The (Baton Rouge) Advocate (April 25, 2012)
In 2012 the state of Louisiana provided to Shintech an estimated $187.2 million over 5 years from the Industrial Tax Exemption program as an incentive for the expansion and improvements to a petrochemical plant. Shintech's headquarters is in Houston, Texas.
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.