Global Trade Alert
Global Trade Alert

United States of America/State of Virginia: State and local incentives for Micron

Announcement

19 Nov 2018

In 2018 Micron received special tax treatment and a performance grant from Virginia government entities.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Nov 2018

Revocation date:

No revocation date

Updated: 19 Nov 2018
Financial grant In force

Another element in the incentive package is a $70 million state performance grant to be paid over 15 years for the site and facilities preparation. The Virginia Economic Development Partnership pro...

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Implementation date

19 Nov 2018

Revocation date:

19 Nov 2026

Updated: 19 Nov 2018
Tax or social insurance relief In force

On November 19, 2018 the City Council of Manassas, Virginia approved Resolution #R-2019-17 by which it will use a special tax classification for semiconductor equipment that (according to an incent...

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