Global Trade Alert
Global Trade Alert

United States of America (State of Louisiana): Tax exemption for Shell Chemical’s investment in Louisiana

Announcement

27 Apr 2022

In April 2022, the Louisiana Economic Development (LED) granted a tax exemption for Shell Chemical LP for their investment in Louisiana.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Apr 2022

Revocation date:

No revocation date

Tax or social insurance relief In force

On 27 April 2022, the Louisiana Board of Commerce and Industry approved a tax relief worth USD 17.1 million a year for the investment of Shell Chemical LP in Louisiana. The total value of tax relief i...

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