SUBSCRIBERS

Boeing unions seek to put conditions on tax credits

US$8.7b tax credits were a condition of Boeing's move to locate production of its 777X in Washington state

Published Thu, Jan 22, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    BOEING Co's two largest labour unions said on Wednesday that they are working on a pair of legislative bills that would put conditions on US$8.7 billion in tax credits that Washington state gave to Boeing and the state aerospace industry in 2013.

    The tax credits were a condition of Boeing's decision to locate production of its 777X jetliner in Washington state, and altering them could change the business case for that decision.

    Share with us your feedback on BT's products and services