Apple announces second campus, promises to bring 20,000 jobs
Part of $350 billion U.S. investment, it may set off Amazon #HQ2-like scramble among cities On the heels of the frenzied competition between cities for Amazon?s HQ2, Apple announced earlier today that it will also be building a second headquarters somewhere in the U.S.?setting off similar excitement among cities and local leaders.
According to a report in the Associated Press, Apple will be building a second headquarters over the next five years that will employ an estimated 20,000 workers, all part of a $350 billion commitment to the U.S. economy. The company plans to announce the location of the second headquarters by the end of the year.
The plan nods to the overhaul of the U.S. tax code signed into law at the end of 2017. The reform package lowered corporate tax rates and created a one-time break on cash being held overseas. Apple will take advantage of that provision, bringing $250 billion of offshore cash back to the U.S., a move that will create a $38 billion tax bill for the company. ?A payment of that size would likely be the largest of its kind ever made,? the statement notes.
Apple
There?s no word about the criteria Apple will use to decide the location of the new headquarters, but the big announcement has already raised speculation that it may ?pull an Amazon.? Apple?s recently opened campus in Cupertino, California, a $5 billion project designed by Foster + Partners, employs 14,000 workers.
...
-------------------------------- |
TIPOS DE SECCIÓN O CORTES |
|
Kitchen Island with Stove Design Ideas & Inspirations
06-05-2024 08:15 - (
architecture )
Casa Borgo Ventidue: Discovering Motovun’s Historic Charm
06-05-2024 07:51 - (
architecture )