WEDC disputes audit finding Foxconn still eligible for tax credits for out-of-state employees


WEDC disputes audit finding Foxconn still eligible for tax credits for out-of-state employees


WEDC policies continue to allow the awarding of tax credits to Foxconn for employees working outside of Wisconsin despite a vow last year to make changes ensuring that wouldn’t happen, according to a new Legislative Audit Bureau report.

But Wisconsin Economic Development Corp. CEO Missy Hughes insists the agency has already “explicitly disqualified any employee who did not perform services in Wisconsin” and has made other changes that LAB recommended in an audit last year...

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Ken Notes: Good read and lots of details here... Lets give Missy and WEDC a chance to demonstrate they have taken control of the rudder and can actually control the ship...

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- - Volume: 7 - WEEK: 51 Date: 12/19/2019 12:10:56 PM -