Tuesday 24 April 2012

Local Power Company-Oregon County-Data Center-Tax Deal

Apple makes a tax deal for Prineville, Oregon data center land

We've heard before that Apple plans to build a data center on land it previously purchased in Oregon, but now the Associated Press reports on part of the cost. The company has reportedly agreed to pay US$150,000 per year to local governments, and has signed off on at least 35 jobs. Those jobs will be paid at a rate that's at least 150% of the average wage in the Oregon county. Finally, according to the AP, Apple will have to invest at least $250 million into the data center building itself. In return for all of that, Apple will be exempt on property tax payments for the next 15 years. Whether that will be worth it or not depends on exactly how much they build there, but odds are Apple's accountants aren't that worried. The company already paid $5.6 million for the land earlier this year, and it's setting up plans to both build up the infrastructure of the local power company to keep the data center running, as well as a green energy site there on the spot. Oregon is apparently a popular place for data centers like this. Google, Amazon, and Facebook all have similar sites in the surrounding area. [via MacRumors]Apple makes a tax deal for Prineville, Oregon data center land originally appeared on TUAW - The Unofficial Apple Weblog on Mon, 23 Apr 2012 11:45:00 EST. Please see our terms for use of feeds.Source | Permalink | Email this | Comments read more..

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