Global Trade Alert
Global Trade Alert

United States of America (State of California): California provides tax credit to Vast Inc

Announcement

18 Jun 2026

In June 2026, California awarded the California Competes Tax Credit to Vast Inc. This credit is provided against the net tax for the space station manufacturer.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2028

Revocation date:

30 Jun 2029

Announced: 18 Jun 2026
Tax or social insurance relief

Recent update from 03 Jul 2026:

On 18 June 2026, the California Governor's Office of Business and Economic Development (GO-Biz) announced the completion of a California Competes Tax Credit Allocation Agreement with Vast Inc. T...

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