Global Trade Alert
Global Trade Alert

United States of America/State of Illinois: Incentives package for Sears

Announcement

15 Dec 2011

In December 2011, a US state government announced a targeted tax change.

Source

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Number of interventions

1

0 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

15 Dec 2011

Revocation date:

No revocation date

Updated: 15 Dec 2011
Tax or social insurance relief In force
In 2011 state and local government agencies in Illinois provided a $250 million incentive package to prevent Sears Holdings Corporation (owner of the Sears retail chain) from moving out of state. On t...
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