Tax agreement between Apple and Cupertino under scrutiny from California regulators

A tax agreement between Apple and its hometown of Cupertino has come under scrutiny from California regulators, potentially nuking the amount of money that the company sends to the city.
Apple Park in Cupertino, California
:The California Department of Tax and Fee Administration launched an audit of the arrangement in 2021, and Cupertino’s finance director is scheduled to explain the findings to the city council on Thursday. The upshot for Cupertino is that local tax revenues are expected