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Global Trade Alert

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United States of America (Colorado): Government to provide USD 75 million in tax credits to support semiconductor production and advanced manufacturing

Description

On 20 May 2023, the Colorado General Assembly adopted a USD 75 million CHIPS Refundable Tax Credits Program in support of the local semiconductors and advanced manufacturing sector. The programme will...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jul 2023

Revocation date

30 Jun 2029

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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