DuPont Fabros Technology Inc. (DFT: Quote) announced that it has entered into a memorandum of understanding or MOU with the Virginia Economic Development Partnership or VEDP that will allow the Company and tenants of the data center facilities located on its Ashburn, Virginia campus to obtain an exemption from sales tax on the purchase of computer equipment.
DuPont Fabros said its entire Ashburn Corporate Center will benefit from the sales tax exemption, including its existing five operational data centers - ACC2, ACC3, ACC4, ACC5 and ACC6 and two additional development sites - ACC7 and ACC8 - once those facilities are operational. The exemption is effective from July 1, 2012 to June 30, 2020, and applies to purchases of servers and other qualified equipment that are the heart of a data center operation. To obtain this exemption, DFT, along with its tenants, committed to invest $150 million and create at least fifty qualifying jobs from July 1, 2009 to June 30, 2016 at the Ashburn campus, the company said.
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by RTT Staff Writer
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