WTO Rules Boeing Tax Breaks Illegal
On 28 November 2016, the World Trade Organization ruled that tax breaks provided for Boeing for the development and production of the new 777X jetliner in the U.S. state of Washington are illegal state subsidies. The case was brought before the WTO by the European Union in 2014, and is part of a large trade dispute between the U.S. and the EU regarding Boeing and Airbus, which itself has also b…
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