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Global Trade Alert

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United States of America/State of North Carolina: $27.6 million in tax credits to IBM

Description

In 2015 International Business Machines Corporation took $27,600,704 in technology development credits in North Carolina. Under Article 3F in the North Carolina tax code, any taxpayer is allowed a tax...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2015

Revocation date

31 Dec 2015

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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