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Disney may get $570M in tax breaks for new Florida campus

Disney Fireworks
Posted at 1:59 PM, Jul 22, 2021
and last updated 2021-07-22 13:59:32-04

TALLAHASSEE, Fla. (WTXL) — Disney may benefit from more than $570 million in tax breaks for building a new regional campus in central Florida.

The campus promises to employ at least 2,000 professional employees relocating from Southern California to work in digital technology, finance and product development.

Documents obtained by the Orlando Sentinel show the company could claim more than $570 million in tax breaks over 20 years for the project.

That would be among the largest in Florida history for a single corporation.

The documents show Disney’s capital investment for the project could be as much as $864 million.