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Senators question Meta's $6.6B AI data center tax credits, probing if they qualify as research expenses.

Market News
15 Oct 2026
24/7 Wall Street
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Bearish
Senators question Meta's $6.6B AI data center tax credits, probing if they qualify as research expenses.

Seven Senate Democrats have asked Meta CEO Mark Zuckerberg to explain how the company claimed over $6.6 billion in federal research tax credits related to its AI data center build-out. The senators question whether building data centers qualifies as frontier research, which is required to claim such credits, since the law excludes routine commercial expenses and physical property. Meta argues that the engineering challenges of cooling and powering large AI clusters may qualify as innovative research. The inquiry could impact tax treatment for major tech firms investing heavily in AI infrastructure, with Meta's response due by October 31. Investors will watch for any changes in Meta's tax rate or IRS actions that could affect its profitability and stock outlook.

Meta's tax credit inquiry adds to the scrutiny on its AI investments as the stock trades near its yearly peak. On Pluang, META shares are priced at USD 734.48 with a slight 0.41% decline as of Oct 15, 2026, 23:02 WIB. The stock holds a market cap of $1.88 trillion and shows balanced order activity with 50% sell and 50% buy, reflecting steady investor interest despite the ongoing tax questions.

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