Apple is synonymous with the city of Cupertino — and vice versa. But Cupertino still has to offer Apple the right tax deal in order to stay the hometown of choice for the city’s biggest taxpayer.
According to a new report, Cupertino has awarded Apple close to $70 million, taken from sales-tax collections in the past 20 years. Public records also show that this amount has increased dramatically in the last few years.