The construction of Apple’s new $5 billion campus in Cupertino, Calif., has raised tensions over whether the company and other large employers should pay more in taxes to local communities to help offset their impact on local infrastructure.
Many people in Cupertino have begun to organize and focus on Silicon Valley’s aging transportation networks. Frustrated by traffic and noise, some residents want to stop further development. Traffic woes have been occasionally worsened by temporary road closures related to Apple’s new headquarters construction.
Apple paid $9.2 million in taxes to Cupertino from 2012 to 2013, according to a report in the Guardian. In the 2012 fiscal year, Apple tallied $156.5 billion in sales. The city gives Apple an annual tax break on business-to-business sales that started in 1997, when Apple was on the verge of collapse, the Guardian reported.
Cupertino Mayor Barry Chang, who has butted heads with Apple over the issue, says the high-tech giant should pay more taxes to the city, but doesn’t want to see limits on new development for fear that they could harm the regional economy.
Related Stories
Codes and Standards | Jun 10, 2019
Intl. Code Council releases Natural Disaster Preparedness Guide
Provides tips for staying safe during and after a hurricane or severe weather.
Codes and Standards | Jun 7, 2019
Market conditions indicate slower growth in industrial real estate sector
E-commerce, market oversupply, rising interest rates to dampen hot market.
Codes and Standards | Jun 3, 2019
Haskell invests in BLOX, creator of modular-based delivery method
‘Represents important part of Haskell’s future strategy,’ says CEO.
Codes and Standards | Jun 3, 2019
Florida may eliminate certificate of need requirement for new hospitals
Bill could boost specialized facilities.
Codes and Standards | May 31, 2019
RELi 2.0 standard for sustainability, resilience being piloted
Will be open to LEED-registered or -certified projects, with introductory pricing and support.
Codes and Standards | May 31, 2019
Pankow Foundation releases report, tools for embodied carbon impacts
Focus is on MEP and tenant improvements.
Codes and Standards | May 24, 2019
USGBC receives funding for LEED for Cities and Communities Program
Bank of America provides $500,000 grant to certify 15 U.S. cities.
Codes and Standards | May 24, 2019
AIA updates Interiors Contract Documents
Six revised documents available for interior construction projects.
Codes and Standards | May 23, 2019
Northern California casino offers a template for resilient microgrids
Solar power with batteries and backup generators provide weeks of self-reliance.
Codes and Standards | May 23, 2019
Austin creates innovative plan to boost affordable housing
Approach includes loosened zoning, incentives for higher density in lower-cost and mixed-income developments.
