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Foxconn to receive $8.74M in tax credits for 2023 performance

Dec 10, 2024•over 1 year ago

Contract Type

contract

TaiwanManufacturingElectronics

Description

Foxconn Technology Group is set to receive $8.74 million in state tax credits for its 2023 performance, as stated in the company’s latest report to the Wisconsin Economic Development Corp. The original contract would have enabled the company to receive up to $2.85 billion in incentives, but the revised contract now enables the company to collect up to $80 million in state tax credits.

Company Information

Company

Foxconn

Location

Taiwan

About

Hon Hai Technology Group, also known as Foxconn, is the world's largest electronics manufacturing service provider.

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