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Global Trade Alert

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United States of America (State of Louisiana): Tax exemption for Grön Fuel’s renewable energy project

Description

On 24 February 2021, the Louisiana Board of Commerce and Industry approved a tax relief worth approximately USD 120 million a year for the investment of Grön Fuels LLC in Louisiana. The total value of...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Feb 2021

Revocation date

23 Mar 2031

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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