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Sarah Lowther

WTO rules against tax break given to Boeing

Sarah Lowther
Original Broadcast:

Share Radio Breakfast

WTO rules against tax break given to Boeing
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.

Guests: Chris Bailey,Howard Wheeldon