Global Trade Alert
Global Trade Alert

United States of America: Adoption of rules regarding transparency in the granting of tax abatements by state and local governments

Announcement

15 Dec 2015

In August 2015, the US government changed the reporting requirements of state and local governments.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Dec 2015

Revocation date:

No revocation date

Updated: 15 Dec 2015
Tax or social insurance relief In force

The Governmental Accounting Standards Board (GASB) adopted in August 2015 a policy (Statement No. 77) with respect to tax abatements that is expected to impose stricter transparency and discipline ...

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