Global Trade Alert
Global Trade Alert

United States of America/State of Kentucky: Incentives to Toyota

Announcement

19 Apr 2013

In April 2013, a US state government announced a targeted tax change. This was expanded in April, 2017.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Apr 2017

Revocation date:

No revocation date

Last action: 19 Apr 2013
Tax or social insurance relief In force
On April 10, 2017 the Kentucky Economic Development Finance Authority amended Toyota's existing incentive agreement. The amendment added tax incentives of up to $43.5 million in for the Reborn project...
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Implementation date

19 Apr 2013

Revocation date:

No revocation date

Last action: 19 Apr 2013
Tax or social insurance relief In force
In 2013 the state of Kentucky offered to Toyota under the Kentucky Jobs Retention Act tax credits in connection with the company's plan to begin building the Lexus ES350 at its manufacturing complex i...
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