State & Local Tax Blog

Chrysler Looking at a $46M Tax Credit

Times are tough in Detroit. According to this article in the Detroit News, the state of Michigan and the city of Detroit are teaming up to keep a Chrysler plant open in that city. The state is offering a tax credit valued at more than $6 million over seven years. The city of Detroit is also considering a12-year abatement worth an estimated $40.2 million.

Leave a Reply

Your email address will not be published.

What You Should Do Next

Have a state or local tax issue or question? Need help? Want peace of mind? We can help! Sign up for a free "What's Next" call and let us get to work for you.