Council OKs eBay tax refund application

Nov 22, 2013
Austin American Statesman

The Austin City Council on Thursday approved eBay’s application for a state sales tax refund on its projected $8.4 million capital investment in North Austin


The vote was 6-0


The application now goes to the state for final consideration


The company is promising to add 400 jobs, with a median annual wage between $40,000 and $44,000, over the next five years


Under state law, eBay would be eligible for a maximum o $1.25 million in sales tax refunds, given the level of the company’s investment and job creation


Print Article opens in new window