WTO Appellate Body: Boeing tax break from Washington State is not a prohibited subsidy
The United States has successfully argued an appeal at the World Trade Organization over a single tax incentive Washington State provides to Boeing that a dispute settlement panel found out of line with WTO rules. The Appellate Body reversed the initial panel’s determination that one of seven programs challenged by the European Union in DS487 was a prohibited subsidy, centering its decision on its determination that the tax break in question hinges on the location of assembly operations and is...