ANNOUNCEMENT 01 Mar 2011

In March 2011, a US state government announced a change in private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Main data from Good Jobs First at http://www.goodjobsfirst.org/sites/default/files/docs/Megadeals_February2015.xlsx.
Sarah Portlock, "Tax credit OK'd for Panasonic move to Newark," Newark Star-Ledger (February 17, 2011)


Inception date: 01 Mar 2011 | Removal date: open ended

Tax or social insurance relief

 In 2011 the New Jersey Economic Development Authority offered an incentives package valued at $102,400,000 to Panasonic for relocating its North American headquarters a short distance from Secaucus; the company had indicated it was considering moving to another state. 
 
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.

AFFECTED SECTORS

 
434 442 448 452 462 465 469 471 472 473 474 475 476 479 482

AFFECTED PRODUCTS

 
850940 850980 850990 851010 851020 851030 851090 851110 851120 851130 851140 851150 851180 851190 851210 851220 851230 851240 851290 851310 851390 851410 851420 851430 851440 851490 851511 851519 851521 851529 851531 851539 851580 851590 851610 851621 851629 851631 851632 851633 851640 851650 851660 851671 851672 851679 851680 851690 851711 851712 851718 851761 851762 851769 851770 851810 851821 851822 851829 851830 851840 851850 851890 851920 851930 851950 851981 851989 852110 852190 852210 852290 852321 852329 852341 852349 852351 852352 852359 852380 852550 852560 852580 852610 852691 852692 852712 852713 852719 852721 852729 852791 852792 852799 852841 852849 852851 852859 852861 852869 852871 852872 852910 852990 853010 853080 853090 853110 853120 853180 853190 853210 853221 853222 853223 853224 853225 853229 853230 853290 853310 853321 853329 853331 853339 853340 853390 853400 853510 853521 853529 853530 853540 853590 853610 853620 853630 853641 853649 853650 853661 853669 853670 853690 853710 853720 853810 853890 853910 853921 853922 853929 853931 853932 853939 853941 853949 853990 854020 854040 854071 854079 854081 854089 854091 854099 854110 854121 854129 854130 854140 854150 854160 854190
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