Posted on May 31, 2014 at 8:26am
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Pharmaceutical giant Pfizer has paid a $24.7 million penalty towards the city for relocating a few of its corporate offices to New Jersey and Pennsylvania right after receiving tax abatements and other incentives intended to help keep jobs in New York. The firm originally struck a added benefits deal with the city in 2003, when it employed 5,300 people today right here, and in 2005, asked for additional incentives because it elevated its New York headcount. But as of this summer season…
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