Showing posts with label north carolina. Show all posts
Showing posts with label north carolina. Show all posts

Tuesday, June 02, 2009

North Carolina Passes Tax Code for Apple

Get ready for the shocking news... :) NC House passes tax code that could bring Apple data center. It seems like these mega data center announcements are pretty cookie-cutter as far as 'how' the deal goes down. Months and months of stealth mode, a "leak" of information, tax breaks written for data center "companies" and so on. The funny thing in this arstechnica article is that "the bill isn't tied to any particular company" and then a little later... "those conditions include investing $1 Billion dollars". :)

The Cliff Notes:
  1. $1 Billion data center
  2. 100 full time staff members initially
  3. up to $46 Million in tax credits over the next 10 years
  4. could save Apple $300 Million if the company operated the data center for 30 years

Check out the article here.