Update at 8:25 a.m. PDT: Further attribution has been added.
North Carolina officials are pushing to change state tax law in hopes of attracting new companies, specifically Apple, according to an Associated Press report.
The state is pursuing a $1 billion investment from Apple over a nine-year period to build a server farm, the AP said, citing an anonymous state official. However, the law must be changed to give state officials the ability to attract Apple through tax breaks and other incentives.
The tax breaks offered to Apple would be worth an estimated $46 million over the life … Read more