“Apple Inc. is poised to get millions of dollars in tax breaks and other incentives each year for its planned $2 billion, 150-worker ‘command center’ in Mesa,” Mike Sunnucks reports for The Phoenix Business Journal.
“The exact amount of those benefits, however, will remain secret because Arizona laws restrict public disclosure of corporate tax credits by the state Department of Revenue — often to the benefit of big companies such as Apple,” Sunnucks reports. “There also is new non-disclosure language specifically inserted into new bills at the Arizona Legislature that extends energy tax credits to Apple’s Mesa center.”
Sunnucks reports, “Proposals at the Arizona Legislature to extend sales and income tax breaks to the Apple center could total $28 million, according to fiscal analysis report by KJZZ-FM 91.5 in Phoenix.”
Read more in the full article here.
MacDailyNews Take: Congrats to Mesa, Arizona for providing the incentives to create those new Apple Inc. jobs and the myriad benefits they’ll bring to Mesa and Arizona.
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