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Development tax incentives, grants could be taxed, but shouldn't dissuade Amazon HQ2 bids, attorney says

By Karen Kidd | Wednesday, Apr 18, 2018 @ 7:42pm

Businesses who take advantage of government financial incentives to expand or build new facilities could face new tax liability under important IRS document issued 10 years ago, but just now coming into its own. However, that should not have much of an impact on the push by Chicago and other U.S. cities and states to land Amazon's HQ2, according to a leading tax expert, attorney and former director of South Carolina's Revenue Department.