Apples new headquarters is valued at $4.17 billion and pays a property tax of 40 million a year.

 Apples new headquarters is valued at $4.17 billion and pays a property tax of 40 million a year.

Netease Technologies News July 12, the latest statistics released in Santa Clara County show that the total value of Apple Park, the new headquarters of Apple, is estimated at $4.17 billion, including land, furniture, computers and other items. It is one of the most expensive headquarters in the world.

Santa Clara County said in its annual financial assessment report, which ended in June, that the complex pays a property tax based on a valuation of $3.5 billion. The San Francisco Chronicle claims that Apple may pay about $40 million a year in property taxes, but it can also appeal and seek lower taxes.

Estimated at $4.17 billion, the apple orchard is worth more than the rebuilt World Trade Center Building 1 in New York, which is worth $3.8 billion. However, the value of the apple orchard is far less than the three most expensive buildings in the world: the Abraj Al Bait Towers (US$15 billion), the Great Mosque (US$100 billion) and the International Thermonuclear Experimental Reactor (ITER, $25 billion) in France.

In fiscal year 2017-2018, Apple is reported to be the largest real estate tax payer in Santa Clara County, paying a total of $56 million in taxes. The companys property is distributed throughout the region, including its former headquarters, Infinite Loop, for new uses.

Apple Garden adopts a customized architecture, conceived by Apple co-founder Steve Jobs, Apple Chief Design Officer Jony Ive and well-known construction company Foster and Partners.

The complex features extensive use of solar energy, and its iconic spaceship ring is wrapped in curved glass windows. The use of glass extends throughout the interior, and Apple employees are said to be able to walk straight in. To prevent a major earthquake in California, the facility uses 692 steel dishes that can be moved up to a meter. (Small)

Source: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541