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Wells Fargo Seeks Tax Breaks for New Office Hub in Dallas Suburb

Aug. 2, 2022, 4:51 PM

Wells Fargo & Co. is seeking millions of dollars in tax breaks for a new office campus in a suburb of Dallas.

Irving’s city council is set to vote Thursday on a package with a value of more than $30 million for the new Wells Fargo campus. The facility would serve as a regional hub for the San Francisco-based bank, according to the city council agenda. Irving is a northwest suburb of Dallas and is adjacent to Dallas Fort Worth International Airport.

Finance firms have been expanding in the north Texas region, drawn by access to talent, low taxes ...