Reposted by maddyzero
This scandal should enter the national debate over data centers. Meta evaded $4B in taxes last year by using the "research" tax credit for its data center buildout. Tax accountants say it's highly questionable, the Congressional sponsor says buying supplies was never what was intended.
nytimes.com
How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes
Meta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.
