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Description
On 19 April 2024, the Department of Energy awarded e-VAC Magnetics LLC (eVAC) an investment tax credit worth USD 112 million. This funding will assist eVAC Magnetics in establishing a facility for man...
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Intervention Details
Intervention Type
Tax or social insurance relief
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
19 Apr 2024
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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