Category Archives: South Dakota

Which States’ Companies Are Paying Higher Taxes Because of GSP Expiration? All of Them.

As we posted the other day, GSP expiration cost American companies $55 million in new taxes in November 2014, bringing the total taxes paid from August 2013 to November 2014. With GSP expiration, it’s not the case that just a … Continue reading

Posted in Brazil, California, Florida, Georgia, GSP, Illinois, Maryland, New Jersey, New York, North Carolina, Ohio, South Dakota, Sri Lanka, Texas, Thailand, West Virginia, Wyoming | Leave a comment

Who Else Might Want Congress to Renew GSP?

The other day, we wrote about the characteristics of the 572 companies and associations on the GSP supporter list. Yesterday, we added #573: Delta Brands in Larchmont, NY, which imports household cleaning, health, and beauty products from Turkey and India … Continue reading

Posted in GSP, India, Iowa, Mississippi, New York, South Dakota, Thailand, Turkey | Leave a comment

GSP and South Dakota: Fast Facts

The Generalized System of Preferences (GSP) program eliminates U.S. tariffs (i.e., taxes) on certain imports from developing countries. GSP imports in 2011 totaled $18.5 billion and the program saved American companies more than $700 million. GSP saved South Dakota companies … Continue reading

Posted in GSP, India, South Dakota, State Reports | Tagged , , , , , | Leave a comment

KY, MO Biotech Firms Take Advantage of GSP Benefits for Yeast

I tried to come up with a funny title (e.g., “Congress should at yeast pass a short-term GSP extension) but nothing jumped out at me, so we went with the simple statement of fact:  American companies conducting cutting-edge research into … Continue reading

Posted in Argentina, Brazil, GSP, Kentucky, Missouri, New Mexico, South Dakota, Wisconsin | Leave a comment

GSP Expiration Increases Costs for Replacement Tractor Parts

Reliance Parts Corporation supplies new and remanufactured parts for John Deere and other types of heavy-duty diesel engines.  Headquartered in Minden, Nevada, Reliance’s 62,000 square foot facility hosts its sales, marketing, purchasing, and materials management functions, in addition to its … Continue reading

Posted in India, Nevada, Philippines, South Dakota, Tennessee | 1 Comment