Cupertino braces for $60M loss as California tax collectors look to take a bite out of Apple

CUPERTINO MAY BE forced to lay off dozens of workers, cut services and put new tax measures on the ballot to compensate for the loss of nearly $60 million likely to be ripped from its budget.

California’s Department of Tax and Fee Administration is targeting tech giant Apple over how it allocates local sales taxes, and Cupertino is caught in the crossfire with officials left scrambling to find solutions.