Sales tax breaks to lure data centers booming in Virginia

Sales tax breaks to lure data centers booming in Virginia

As Virginia has emerged as a top global market for data centers, tax breaks to attract some of the world's richest companies to the state have exploded, new records show.Enacted a decade ago, sales and use tax exemptions for the large warehouses full of computers that function as the brains of the internet accounted for more than $65 million in uncollected state revenue last fiscal year, by far...