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A look at what's in Amazon's new deal with Virginia

Business Insider UK
Updated

Virginia regularly awards grants, tax breaks and other goodies to businesses that move to the state or expand their operations, sometimes even for small projects that produce just a dozen or so jobs. Cold hard cash is a major part of the package, but state and local officials are quick to point to other incentives used to lure Amazon that have broad benefits, including massive investments in higher education and public transportation. Virginia's contract with Amazon agrees to pay the online retailer up to $750 million if it creates 37,850 jobs by 2039.

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