The data center business is good in Virginia and the commonwealth is paying for it.
In fiscal year 2018, which ended June 30, Virginia abated $79.2 million in sales and use taxes related to hardware, software and other equipment used in data centers, according to the state’s 2018 Comprehensive Annual Financial Report. That’s a $14 million increase, or 21 percent, over fiscal 2017’s abatement total.
While the exact breakdown is unclear, it’s safe to assume much of that $79.2 million is benefiting…
