Click to Skip Ad
Closing in...

Apple offered massive tax breaks to build a new Nevada data center

Updated Dec 19th, 2018 8:31PM EST
BGR

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.

The Nevada Board of Economic Development on Wednesday approved Apple’s (AAPL) proposed data center and is offering the company $89 million in tax breaks, The Associated Press reported. Apple is planning to build a 350-acre data center east of Sparks that will employ at least 35 full-time workers and as many as 200 contract workers. The iPhone maker will also build a purchasing and business center in downtown Reno, and analysts have estimated that the projects could generate $340 million in economic activity over the next decade. In June, Washoe County and the city of Reno also agreed to grant Apple tax breaks. The Cupertino-based company will get an 85% break on its personal property taxes in Washoe County and Reno will offer Apple 75% of its share of sales taxes for the proposed downtown business center. In exchange for the incentives, Apple agreed to invest $1 billion in the region over 10 years, which can be extended for 20 additional years. 

Read

Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.