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Oct 2, 2026 · 0:25

Meta cut almost $4 billion from its taxes with a research credit for AI chips, the Times reports.

The New York Times reports that Meta cut almost $4 billion from its tax bill last year by claiming a research tax credit for the AI chips in its data centers; Meta says it is using incentives Congress created.

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Meta Uses Data Centers to Avoid Billions in Taxes

The New York Times · Oct 1, 2026

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