Amazon Will Receive An Estimated Of $1B As Payment From Tax Reduction. It Was A Unanimous Votes From The Commissioner Given To Companies In Oregon. They Will Receive Tax Exemption Through the enterprise zone.
Amazon To Reduce Tax by $1B
Unanimous votes from the five Commissioners from the Port of Morrow gave way to tax reduction of major industry including the Amazon. An estimated of $1B will be reduced from taxes of the Amazon. Its four data centers in Morrow gave jobs to many, but it has been a subject of debate especially in securing its incentives for people to have reduction in tax.
Data Centers are one of the most widespread industries given the tax reduction last year. Experts wary whether or not small state can accommodate huge companies, like tech industries. The latest business between Morrow and Amazon will give a big impact like the agreement between The Dalles and Google in 2021.
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