Subsidy Tracker Individual Entry
Company:
Amazon.com
Parent Company:
Amazon.com
Subsidy Source:
state
Location:
Texas
City:
Statewide
Project Description:
distribution centers
Year:
2012
Major Industry of Parent:
retailing
Specific Industry of Parent:
retail-internet
Subsidy Value:
$269,000,000
Program Name:
sales tax rebate
Awarding Agency:
Comptroller's Office
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
2,500
Capital Investment:
$200,000,000
Source of Data:
The subsidy value and the jobs and investment projections came from: Barry Harrell, "State, Amazon settle tax tab," Austin American-Statesman, April 28, 2012.
Notes:
Rather than a conventional subsidy deal, this was an arrangement in which Texas Comptroller Susan Combs apparently forgave a $269 million assessment that had been made against Amazon.com for uncollected sales taxes from 2005 to 2009. In exchange, Amazon agreed to invest $200 million in various new facilities in the state and create 2,500 jobs. Initially, the Comptroller did not explicitly acknowledge that Amazon's sales tax bill had been forgiven, but later reports made it clear that was what happened. See, for example: Laylan Copelin, "Amazon risking little in tax deal," Austin American-Statesman, July 19, 2012. Overlaps with main Subsidy Tracker data: none.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
