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Podcast: Share Radio Breakfast
Episode:

WTO rules against tax break given to Boeing

Category: Business
Duration:
Publish Date: 2016-11-29 00:11:32
Description:

A tax break given to Boeing to develop a new airliner has been ruled a banned subsidy by the World Trade Organisation. The decision saw both Boeing and European rival Airbus claiming a victory in the long-running battle between the plane-makers. The WTO said Washington State gave the plane-maker a prohibited subsidy by halving the tax rate in an inducement to develop the company’s 777X airliner there. For more, Howard Wheeldon, of Wheeldon Strategic, joined Share Radio Breakfast to discuss.

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