Report: Woonsocket companies received most FY12 tax incentives, led by CVS Caremark

CVS PHARMACY INC., a subsidiary of Woonsocket-based CVS Caremark Corp., received $20.3 million in tax incentives from the state in fiscal year 2012, by far the highest amount received by any company, according to data released by the R.I. Department of Revenue Thursday.
CVS PHARMACY INC., a subsidiary of Woonsocket-based CVS Caremark Corp., received $20.3 million in tax incentives from the state in fiscal year 2012, by far the highest amount received by any company, according to data released by the R.I. Department of Revenue Thursday.
(Updated, 3:40 p.m.) PROVIDENCE – The R.I. Department of Revenue on Thursday released its economic development report for fiscal year 2012, providing a breakdown of tax incentives awarded by geographic region and company, and whether recipients met job-creation and wage-and-benefits goals. Enterprises in the city of Woonsocket received the most tax incentives of any single…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -