#tax-abatement

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fromBusiness Insider
2 weeks ago

Oracle got big tax breaks in Texas for Stargate. Now it's going back for more.

Oracle is disputing the property valuation of its Stargate data center site in Abilene, Texas, in an effort to lower its tax bill further.
Real estate
Cryptocurrency
fromThe Nation
2 months ago

Texas's Crypto-Mining Racket

Local opposition to tax abatement for a cryptocurrency mine highlights community concerns over corporate influence and transparency in decision-making.
Residents were not adequately informed about the cryptocurrency mining expansion before approval discussions.
Startup companies
fromBusiness Insider
3 months ago

Stargate developer Crusoe could spend $3.5 billion on a Texas data center. Most of it will be tax-free.

Crusoe's data center in Abilene received an 85% tax abatement, contingent on a $2.4 billion investment and job creation.
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