Apple says buildings at its new billion-dollar headquarters worth just $200 | WHAT REALLY HAPPENED


Apple says buildings at its new billion-dollar headquarters worth just $200

US tech giant Apple became the first company to reach an historic $1 trillion in market capitalization recently, but it still doesn’t like paying more taxes, according to recent reports.

Apple has been at odds with California’s Santa Clara County over the value of its property. As the local newspaper San Francisco Chronicle reports, Apple evaluates a cluster of properties around its brand-new Apple Park at just $200. Santa Clara County's tax assessor says the properties are worth $1 billion.

In California, businesses and individuals pay a property tax. It is calculated according to the value of the land and the buildings on it.

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How about if...

Tian Shan

we value the iPhone at 20 cents?

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