Announcement
24 Oct 2018
In 2018 GO-Biz awarded a California Competes Tax Credit of $11,000,000 each year in 2018 and 2019 to Lockheed Martin Corporation’s Aeronautics Business Area in an agreement to manufacture aircraft.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Jan 2018
Revocation date:
31 Dec 2019
Announced: 24 Oct 2018
Tax or social insurance relief
On October 24, 2018 GO-Biz awarded a California Competes Tax Credit of $39,500,000 over the 2018-2022 tax years (beginning with $11,000,000 each year in 2018 and 2019) to Lockheed Martin Corporation’s...
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