I believe this is all related to tax break deals originally made with states/countries/cities long before Covid. I think those government entities are coming back to the companies and enforcing those agreements now that the pandemic is over as those local areas are likely losing serious cash flow that was promised by those original deals (like sales tax, spending at locals businesses, etc)
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I think its a nothing burger, and dell is probably looking to assess how many do actually return and sell off unused or minimally used real estate with the influx of large companies into the TEX-A-PLEX area. I'm sure they can make some good cash on their unused real estate.
I read that contract.
Seems there was a refund program dell shared with the city of RR for taxes collected
That is, RR city will refund small % tax (prop and/or sales) to Dell thru 2053
I can see the prop tax being a good refund but dell did sell off a lot of property there.
I don't see employee economic activity in the area being of any significance for dell in terms of tax rebates.
In short dell getting something from the city. Most liekly immaterial.
In effect until 12/31/2053…
https://www.roundrocktexas.gov/wp-content/uploads/2017/08/Dell-Computer-Corporation-agreement.pdf
"many multi-nationals do manufacturing in Ireland."
I fail to see how any manufacturing worked remotely and need to RTO.
You need to do some research on why many multi-nationals do manufacturing in Ireland.
I dunno...in Cork the EMC plant is basically free from local government
No. Does Dell is not present anywhere enough to get big tax brakes.
those are usually to attract new companies from other compteting cities.