ITEP on Mythryl: “Meta paid just 3.5% of its profits in federal corporate income taxes…”

Meta paid just 3.5% of its profits in federal corporate income taxes last year. Part of that is due to claiming the research tax credit to pay for the equipment it uses in data centers to power its AI activities. itep.org/metas-outlan...

itep.orgMeta’s Outlandish Tax Breaks for AI Data CentersMeta is claiming the research tax credit – a tax break meant to encourage innovation and experimentation – to pay for the equipment it uses in data centers to power its AI activities. ITEP described h...

2/10/26, 5:26 pm1 repost4 likes

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