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MegadealsSubsidy Tracker Individual Entry
Company: WAL MART STORES INC
Parent Company:
Walmart
Subsidy Source: local
Location: Illinois
City: Des Plaines
County: Cook
Address: 101 W OAKTON ST, DES PLAINES, 60018
Project Description: The City keeps a base amount ($AMOUNT in the first year and increasing by 3% annually) and any sales tax collections above this amount are rebated. If the City's rebate hits a threshold amount ($AMOUNT in years 1-3 and $AMOUNT in years 4-20), only 50% is rebated after that level.
Year: 1994
Major Industry of Parent: retailing
Specific Industry of Parent: retail-discount stores
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. Subsidy value is not available. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.