Apple issues $2,500 bonuses to employees after new tax law: Bloomberg

(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.

The company will begin issuing stock grants to most employees worldwide in the coming months, the report said. 

 

Earlier in the day, Apple said it would make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of the tax cut signed by U.S. President Donald Trump.

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$5B Apple HQ in Cupertino
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$5B Apple HQ in Cupertino

The front doors to Apple Park are four stories tall and made out of glass.

Credit: YouTube/Duncan Sinfield

The entire campus is landscaped with native plants and trees.

Credit: YouTube/Duncan Sinfield

Inside those big atriums are meeting places and cafes for Apple employees to run into each other.

Credit: YouTube/Duncan Sinfield

This is Steve Jobs Theater, a 1000-seat space where the iPhone X was first launched.

Credit: YouTube/Duncan Sinfield

The fountain inside the ring has finally been filled with water.

YouTube/Duncan Sinfield

The campus can look like a golf course from above.

Credit: YouTube/Duncan Sinfield

But Apple has made a lot of effort to keep the campus environmentally friendly, not just visually green. The entire roof is covered with solar panels, for example.

Credit: YouTube/Duncan Sinfield

The campus is off limits to the public. Here are people driving by it.

Credit: YouTube/Duncan Sinfield

On the right is a visitor's center that sells exclusive Apple swag and coffee. It's the only place on campus where visitors are allowed without a pass.

Credit: YouTube/Duncan Sinfield

Scores of fruit trees have been planted inside the ring. Apple's cafes will use fruit from the campus.

Credit: YouTube/Duncan Sinfield

There's also a state-of-the-art gym on the campus and two basketball courts.

YouTube/Duncan Sinfield

The fountain inside the ring is a stunning blue color.

YouTube/Duncan Sinfield
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(Reporting by Sonam Rai in Bengaluru; Editing by Maju Samuel)

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