Global Trade Alert
Global Trade Alert

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United States of America/State of New York: $17.5 million grant to ON Semiconductor

Description

The state will also provide $22.5 million in Excelsior Jobs Program tax credits related to its investment, new hiring and research and development over ten years. Award of the Excelsior tax credits is...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Apr 2019

Revocation date

22 Apr 2029

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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