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North Carolina To Kick $845.8M of Apple Employees' State Taxes Back To Apple (slashdot)

Long-time Slashdot reader theodp writes: The announcement Monday that Apple Inc. would locate its new high-tech campus in Research Triangle Park," reports The News&Observer's Tyler Dukes, "was heralded as a coup for the state, which has pursued the company and the promise of its high-paying jobs for at least three years. But that victory comes at a cost. State and local incentives for the deal could be worth nearly $1 billion to the company over the next four decades. That award, by far the la...
Tags: Apple, News, Apple Inc, Slashdot, Research Triangle Park, EditorDavid, Tyler Dukes, state s Economic Investment Committee


North Carolina To Kick $845.8M of Apple Employees' State Taxes Back To Apple

Long-time Slashdot reader theodp writes: The announcement Monday that Apple Inc. would locate its new high-tech campus in Research Triangle Park," reports The News&Observer's Tyler Dukes, "was heralded as a coup for the state, which has pursued the company and the promise of its high-paying jobs for at least three years. But that victory comes at a cost. State and local incentives for the deal could be worth nearly $1 billion to the company over the next four decades. That award, by far the la...
Tags: Apple, Tech, Apple Inc, Slashdot, Research Triangle Park, Tyler Dukes, state s Economic Investment Committee