Global Trade Alert
Global Trade Alert

United States of America/State of New Jersey: Incentives granted to JP Morgan Chase

Announcement

16 May 2014

In May 2014, a US state government announced a targeted tax change.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 May 2014

Revocation date:

No revocation date

Updated: 16 May 2014
Tax or social insurance relief In force
In 2014 in order to retain JP Morgan Chase the New Jersey state legislature granted to the firm $22,483,500 in tax credits per year for 10 years. JP Morgan Chase qualified as a "mega project" and was ...
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