elgato
Joined: 24 Feb 2005
Posts: 17227
Location: Texas
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| Posted: Wed Jul 25, 2007 9:34 pm Post subject: Google sued over North Carolina tax exemptions |
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It's pretty common for large companies to get tax breaks and other incentives to expand their operations in U.S. cities and states. Apparently, things aren't going so well for Google in North Carolina though.
First, there was the charge that the search giant tried to silence North Carolina politicians as the parties negotiated the deal. Under the agreement, Google will invest around $600 million and employ more than 200 people in a data center in Lenoir in exchange for tax breaks worth at least $89 million over 30 years.
Now, a libertarian advocacy group is challenging those incentives and suing Google.
more.. link to news article |
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