Global Trade Alert
Global Trade Alert

United States of America/State of California: $15 million tax credit for the production of electric vehicles and components

Announcement

18 Jun 2015

In June 2015, announced a targeted tax change.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Jun 2015

Revocation date:

No revocation date

Last action: 18 Jun 2015
Tax or social insurance relief In force
On June 18, 2015 GO-Biz awarded a California Competes Tax Credit of $15 million to Tesla Motors, Inc. in an agreement to manufacture electric vehicles, powertrain component, and batteries. In consider...
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