Foxconn blames coronavirus for delay in audit; WEDC continuing talks to amend contract

The coronavirus has delivered a significant impact on Wisconsin businesses, and for the Foxconn Technology Group, it could delay when the company receives millions of dollars in state tax credits.

According to emails obtained by the Milwaukee Journal Sentinel, Foxconn was supposed to submit a third-party report verifying information related to tax credits by May 15. Deloitte, a London-based auditing and consulting agency, has been tasked by Foxconn to write the report...
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