How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes
Illustration by Joan Wong; Photographs by Jason Henry for The New York Times, Mike Stewart/Associated Press, Getty Images
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Kashmir Hill, Jesse Drucker, Eli Tan and Mike Isaac (via The New York Times - Technology)
Meta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.
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Keywords
Tax Credits,
Deductions and Exemptions,
Corporate Taxes,
Artificial Intelligence,
Data Centers,
Tax Shelters,
Research,
Meta Platforms Inc