An Apple Campus 2 aerial view is captured from a drone in Cupertino, Calif., on April 15, 2017. (LiPo Ching/Bay Area News Group/TNS)
CUPERTINO: Cupertino leaders are considering a restructuring of the city's business license fees by imposing taxes on employers based on the number of people who work for them, municipal officials said – a levy that could jolt Apple.
Alarmed by increasingly challenging commutes and skyrocketing home prices, Cupertino officials have turned to the prospect of higher taxes on employers such as Apple as a way to raise cash for new transportation efforts in the Silicon Valley city.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
