United Returns $5.6 Million in Tax Incentives to Chicago
United Airlines parent United Continental Holdings is returning $5.6 million in tax incentives to the city of Chicago, the Chicago Tribune reports.
The money related to United's move to its corporate headquarters at 77 W. Wacker Drive in 2007. But now that the company plans to move and consolidate its headquarters to Willis Tower, the airline said it was "appropriate" to return the money even though it wasn’t necessary, according to the Tribune.
Source: Chicago Business Journal. Read full article. (link)
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