All items tagged with "tax breaks"

Nevada Board of Economic Development Approves Apple Data Center Plan

(7:15 pm PDT, Aug 1st 2012)

Nevada Board of Economic Development Approves Apple Data Center Plan

The Nevada Board of Economic Development endorsed a plan today, originally negotiated by the city council of Reno, to offer Apple $89 million in tax breaks in return for building a data center in the state.

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Reno City Council Approves Tax Breaks For Apple Data Center, Purchasing Facility

(7:21 pm PDT, Jun 27th 2012)

Reno City Council Approves Tax Breaks For Apple Data Center, Purchasing Facility

The Reno, Nevada City Council today approved a deal that includes $89 million in tax abatements for Apple, representing a 79 percent overall reduction in Apple’s tax burden in the city. The tax breaks apply to county, city and state taxes, and will in part encourage Apple to invest $1 billion in northern Nevada over the next 10 years.

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Apple May Build Another Huge Data Super Center, This Time In Oregon

(6:48 am PDT, Dec 5th 2011)

Apple May Build Another Huge Data Super Center, This Time In Oregon

Apple is expected to join Facebook's data center (above) in Prineville, Oregon. [Photo by Tom Raftery - http://flic.kr/p/9wzMH2)

Apple appears to be in the final stages of deciding to create a second data center. The tech giant is reportedly eyeing 160 acres in Prineville, Oregon for a 31-megawatt facility. The location would make Apple neighbors with Google, Amazon and Facebook, companies also locating data hubs in the Northwest state known for enticing tech firms with lucrative tax breaks.

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