Global Trade Alert
Global Trade Alert

United States of America/State of Texas: $415 million in investment incentives provided to GCGV Asset Holding in the form of school tax abatements

Announcement

28 Nov 2016

A Texas state incentive program, which operates through the abatement of taxes imposed by school districts, aims to attract investment in the state.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Nov 2016

Revocation date:

28 Nov 2031

Updated: 28 Nov 2016
Tax or social insurance relief In force

The Texas Economic Development Act (Chapter 313 of the Tax Code) provides for the extension of investment incentives to manufacturers and others through tax abatements. The law allows school distri...

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