Apple gets $208M in tax breaks to build Iowa data center
Seattle Post Intelligencer – Business News
DES MOINES, Iowa (AP) — Iowa approved a deal Thursday to give Apple $208 million in state and local tax breaks to build two data storage centers near Des Moines and the promise to create 50 jobs. The deal approved by the Iowa Economic Development Authority includes a refund of $19.6 million in state sale taxes for Apple Inc. and a $188 million break on property taxes from Waukee, a booming suburb bordering Des Moines. In addition to the promised 50 jobs, Apple has agreed to buy 2,000 acres of la…