Meta’s effective tax rate fell to 2% for the first nine months of 2026, thanks to an $8 billion Treasury break, but the company now faces a deadline from seven U.S. senators who question whether its AI data centers qualify as experimental research under federal tax credits. Citing a New York Times report, the senators wrote to CEO Mark Zuckerberg on Oct. 13 requesting a response by Halloween about Meta’s use of the federal research and experimentation credit.
organisation
U.S. Senate
Upper chamber of the United States Congress