-+ 0.00%
-+ 0.00%
-+ 0.00%
The Zhitong Finance App learned that tax benefits affecting the construction process of major data centers in the US are facing a re-review. More than 10 states are re-evaluating or reducing subsidies, while more than 35 states are still providing related benefits. Ohio's data center tax exemption last year exceeded 1.5 billion US dollars, more than 10 times the initial forecast, prompting some members of Congress to call for the cancellation of concessions and renegotiation of long-term agreements.
Share
Listen to the news
The Zhitong Finance App learned that tax benefits affecting the construction process of major data centers in the US are facing a re-review. More than 10 states are re-evaluating or reducing subsidies, while more than 35 states are still providing related benefits. Ohio's data center tax exemption last year exceeded 1.5 billion US dollars, more than 10 times the initial forecast, prompting some members of Congress to call for the cancellation of concessions and renegotiation of long-term agreements.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending