May 26, 2009
Apple building a $1 billion server farm
Sometimes governments and regional authorities will do almost anything to get a big name employer to set up on their patch. This is what the North Carolina government are considering in order to get Apple to move in.
The rules are simple, States can do virtually anything to get a larger company to move in, providing that they have no initial ties to that particular region, but they do have property and employees in place.
Therefore, Apple could be looking at around $46 million in tax breaks to start with over ten years, but they do need to spend in order to save. The Apple server farm could cost somewhere in the region of $1 billion, but they would have spent that in any case.
Source [Apple Insider]
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