Reposted by TaxTheRich
NEW: Meta found a way to turn massive data centers into “pilot models” and cash in on a 1980s tax credit.
The result? Meta avoided nearly $4 billion in taxes last year alone. Gift link. 👇
www.nytimes.com/2026/09/30/t...
nytimes.com
How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes (Gift Article)
Meta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.
