Seven US senators have given Mark Zuckerberg until Halloween to explain how Meta classified its AI data centres as experimental to claim federal research credits, after filings showed the company's effective tax rate fell to 2% for the first nine months of 2026.
Meta Faces Senate Deadline Over Data Centre Tax Credits as Effective Rate Falls to 2%
Seven US senators have given Mark Zuckerberg until Halloween to explain how Meta classified its AI data centres as experimental to claim federal research credits, after filings showed the company's effective tax rate fell to 2% for the first nine months of 2026.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.
Same event, other desks
Story file →
en
Erica Groussman Built a $100 Million Business in Seven Years
23.10 21:00