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Thursday, Nov 27, 2014
Business News

Amazon gets another tax break for Polk site


Published:

Internet giant Amazon won a second tax break from the Polk County Commission for building a packaging and sorting operation near Davenport.

The commission voted Tuesday to give Amazon a 75 percent property tax abatement for 10 years.

That will total an estimated $840,710.

The Ledger reports that to qualify for the new break, the Seattle-based company agreed to create 100 full-time jobs paying at least 115 percent of the average wage in Polk County and to invest at least $10 million in equipment.

The agreement also requires Amazon to hire as many employees as possible from Polk County and to use local vendors as much as possible.

In July, the commission approved a $4.5 million property tax break for Amazon for its distribution warehouse in Lakeland.

Hillsborough County previously approved more than $913,000 in tax exemptions for the next six years to encourage Amazon.com to build a $200 million warehouse in Ruskin. The incentive cuts the tax bill in half.

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