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MONEY TO STAY, MONEY TO GO
September 26, 2007
The Des Moines Register has a summary of the tax giveaways to Aviva and Allied Nationwide insurance for their new headquarters projects. Among them:
- The state is awarding Aviva up to $13.4 million in credits to move its headquarters from downtown Des Moines to the suburbs.
- The state is awarding Allied up to $14 million in tax credits not to move its headquarters from downtown to the suburbs.
I wonder if you can double your credits if your project straddles the city limits.
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