Senators Question Meta’s Data Center Tax Strategy

What happened: Senators questioned Meta's tax strategy after the company told the IRS its new generative A.I. data centers are "experimental." Why it matters: The claim affects how the data centers are treated for tax purposes, drawing scrutiny from lawmakers over Meta's tax practices.

Senators questioned Meta's tax strategy after the company told the IRS its new generative A.I. data centers are "experimental."

The claim affects how the data centers are treated for tax purposes, drawing scrutiny from lawmakers over Meta's tax practices.