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MegadealsSubsidy Tracker Individual Entry
Company: Costco Wholesale Corporation
Parent Company:
Costco
Subsidy Source: local
Location: Illinois
City: Champaign
County: Champaign
Address: 2000 N NEIL ST
Zip: 61820-7808
Project Description: Rebate of 50% of Sale Tax (Municipal and Home Rule) generated by the project during the terms of the agreement up to $AMOUNT. Payment amounts shall be based solely on remittance information provided on the tri-annual report provided to the City by the State of Illinois. The tri-annual payments to Costco will be made based on the Sales Tax Remittance Months as follows: (i) March 30th payment date for Sales Tax Remittance Months of September, October, November and December (ii) July 31st payment date for Sales Tax Remittance Months of January, February, March and April; and (iii) November 30th payment date for Sales Tax Remittance Months of May, June, July, and August.
Year: 2020
Major Industry of Parent: retailing
Specific Industry of Parent: retail
Subsidy Value: undisclosed
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data:
(click here)
Notes: Year is year agreement began. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements. Subsidy amount is not readily available.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.