Apple has reportedly made a deal with local governments to get a 15-year property tax exemption for a new data center in Central Oregon, according to the Associated Press.
The company agreed to pay $150,000 a year for the tax exemption, create a minimum of 35 jobs at the center, pay 150% of the county's average wage, and invest $250 million in the 160 acres of land.
The city of Prineville and Crook County will split the yearly "project fee".
Apple also indicated it would invest in a green energy project at location which is but a stone's throw from the huge facility built by Facebook.
[Nearby Facebook Data Center]
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Comments (3)
Comments are closed for this article.
0
Russell - April 22, 2012 at 6:11am
Apple does not need anymore tax breaks. They can afford to pay the same price as everybody else. Do they give consumers a price break on merchandise?
0
Adcpolo - April 22, 2012 at 1:55am
Wow! A minimum of 35 employees!! Impressive.
0
Chas - April 21, 2012 at 10:29pm
Seems that me more money you have the better off you can be. I wonder if I can get a Tax exemption?
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