Tax breaks for developments in Massachusetts

-  E-mail to a friend
Over the past 16 years, Massachusetts has given away hundreds of millions of dollars in state and local tax breaks for 1,371 development projects under its Economic Development Incentive Program, which aims to encourage companies to invest here and create jobs.

A Globe review of state records found that more than 40 percent of the companies receiving tax breaks pledged to create 10 full-time jobs or fewer. Here is a look at what projects in what towns received the tax breaks, how many jobs were supposed to have been created by each project, and how much each company planned to invest in the project. Companies qualified for tax credits equal to 5 percent of their investments, plus discounts on their local property taxes negotiated with each community. Note: The figures are based on the companies' stated plans when the deals were approved, and may have changed since then.
Massachusetts Executive Office of Housing and Economic Development, Globe research
NOTE: In addition, companies also received discounts on property taxes.
Todd Wallack, Tom Giratikanon, Daigo Fujiwara/ Globe Staff
SEARCH BY COMMUNITY
Click here to load this Caspio Bridge DataPage.
Click here to load this Caspio Bridge DataPage.
SOURCE: Massachusetts Executive Office of Housing and Economic Development