Reposted by T. S. McAdams
While you had to pay up, Meta skirted almost $4 billion in taxes last year.
How? By abusing a tax credit tied to its data centers.
It's time to make corporations pay their fair share.
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.