RENO, Nev. (AP) - Computer giant Apple wants to open facilities
in Sparks and Reno as part of a proposed $1 billion investment in
northern Nevada over the next decade.
The Reno Gazette-Journal reports the deal public officials are reviewing Tuesday and Wednesday includes $89 million in county, city and state tax abatements. Analysts say that's a 79 percent reduction in the company's tax burden.
Steve Hill of the Nevada Office on Economic Development says the
tax breaks are critical for Nevada to compete with other potential
Apple sites, including sales tax-free Oregon.
The project would include a data center east of Sparks to house
Apple's cloud computing service, and a business and purchasing
center in downtown Reno.
Hill says approvals could take a month, and construction could
begin as early as August.
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