Silicon Valley technology companies are cashing in on a Texas state program that offers tax breaks for investments they make in the state, the Austin Business Journal reported. The Texas Enterprise Zone Program allows the state and Texas cities to offer sales- and use-tax refunds to the companies. Apple Inc. and San Francisco-based Dropbox Inc. have already taken advantage of the program in Austin and Sunnyvale-based flash-memory company Spansion Inc. is in talks with the city to join the program,…
Reported by bizjournals 8 hours ago.
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