A new Oregon law that goes into effect on June 4th is set to provide handsome tax breaks to data centres within the state, offering significant savings to Amazon, Google, and other companies that have already created facilities there. Under the law, Oregon's data centres will be taxed only on their local value, and not on intangible assets such as their national brand value. This exemption would therefore offer major breaks to tech companies with a large national presence, and, as the New York Times speculates, may even encourage Facebook to build a second complex within the state.

Governor John Kitzhaber lauded the bill during a ceremonial signing at Facebook's Prineville, Oregon data centre on Friday, just hours after the company's momentous IPO.

Source: The Verge