#government-subsidy
#government-subsidy

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JPMorgan Chase received millions in tax breaks to expand a data center. It created 1 full-time job

JPMorgan Chase received $77 million in tax breaks for a data center expansion that will create only one full-time job.

$77M tax subsidy for NY datacenter project will create 1 job

"$77 million per job is by far the largest government subsidy ever recorded within the United States, possibly the world," Reinvent Albany said in its report on the subsidy.

New York City

UK news

fromBusiness Matters

3 months ago

Post Office to receive 104m taxpayer bailout to cover historic IR35 breach

Government will provide up to £104,441,881 to pay Post Office's historic IR35 tax liability to HMRC because the Post Office cannot fund it.

fromBusiness Matters

7 months ago

UK electric car sales surge to record high as government subsidies spark demand

Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry's most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with a year earlier, reaching 72,800 units.

UK politics

London food

fromwww.bbc.com

10 months ago