Meta Under Fire for Exploiting Tax Credit to Save Billions on AI Data Center Bonanza

Meta Under Fire for Exploiting Tax Credit to Save Billions on AI Data Center Bonanza

A group of Democratic senators warned the company's CEO, Mark Zuckerberg, that the tax maneuver violates "the spirit and, potentially, the letter" of federal law.

Meta’s Use of Tax Credits for Data Centers Probed by Democrats

Senate Democrats demanded answers from Meta Platforms, Inc. on whether it used a dubious tax strategy to reap billions in federal breaks to fund data center construction.

Senators question Meta’s data center tax strategy

Lawmakers accused Meta of a “violation of the spirit and, potentially, the letter of the tax law” for shaving billions of dollars off its federal tax bill.