by Geoff Dornan
gdornan@nevadaappeal.com

Back to: News
December 9, 2013
Follow News

Tax breaks bring returns, forum is told

In the past two fiscal years, the Governor’s Office of Economic Development has granted tax abatements totaling $112.74 million to a long list of companies.

But Director Steve Hill told the Economic Forum on Friday that those temporary tax breaks are generating an estimated $2.8 billion in capital investment by companies either expanding in Nevada or moving here and a total economic impact of potentially more than $7.8 billion.

He said that even when the two huge corporate moves — Apple and Boulder Solar Power — are removed from the list, the tax breaks should generate far more than the …

Explore Related Articles

Trending in: News

The Record Courier Updated Dec 10, 2013 03:20PM Published Dec 9, 2013 02:46PM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.