Cupertino: City pays Apple $12.1 million following sales tax settlement – Usa news
1 Articles
1 Articles
Cupertino: City pays Apple $12.1 million following sales tax settlement – Usa news
Cupertino this week greenlit a $12.1 million payment to Apple to pay back sales tax revenue the city had collected from the tech giant in the last two years. The City Council approved the item without discussion during their Tuesday meeting. City documents show the transaction occurred on March 6. The amount is an accumulation of how much the city received in sales tax from Apple between January 2023 and June 2024. The city did not respond for a…
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