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.
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.