Samsung nominated for additional state incentives through Texas Enterprise Zone Program

TAYLOR, Texas (Austin Business Journal) — While Samsung Electronics Co. Ltd. has already secured some local and state incentives for its $17 billion semiconductor factory under construction in in Taylor, it could receive additional refunds on some state taxes.Taylor City Council on Aug. 25 unanimously approved nominating Samsung for the Texas Enterprise Zone Program, a state-administered sales and use tax refund program that is designed to encourage private investment and job creation