Apple Credits New Tax Laws For Opening San Diego Office
San Diego, Calif.- Apple has announced plans to build new office space in San Diego in the next three years.
The company is making the move after new tax laws were enacted late last year. That move prevented Apple from avoiding taxes on international profits.
The company announced last January that it would invest $30 billion in US facilities and create 20,000 American jobs by 2023.
In addition to the San Diego office, Apple announced it will build new office space in Austin, Texas as well as Seattle and Culver City.
One of the interesting storylines with Apple coming to San Diego, is the close proximity the tech Giant now finds itself with one of its courtroom enemies, Qualcomm. The two have had a much publicized feud for years.
Push For Data
Apple will also invest $10 billion in US data centers over the next five years, with plans to spend $4.5 billion this year and next and has plans to create 20,000 jobs in the United States over the next five years.