Tax Credits - GoKawiil

Meta Uses 'Pilot Model' Tax Credit to Cut Billions From AI Data Center Taxes

According to the New York Times, Meta has been classifying its massive data center construction projects as experimental 'pilot models' under a decades-old R&D tax credit, allowing it to claim billions in federal tax savings. The company reportedly saved $2 billion in 2024 and nearly $4 billion in its 2025 fiscal year, making it the largest known beneficiary of the credit among public companies, per securities filings cited by the Times.

futurism.com · 2026-10-03

Trump order bans Chinese-made grid battery equipment over security risk

A new executive order prohibits installing foreign-produced bulk-power system equipment deemed a national security threat, explicitly naming battery energy storage systems, inverters and transformers. This follows earlier measures including 2022 tax credit restrictions tied to sourcing of battery minerals and components, a 2025 rule requiring 55% non-Chinese materials for storage projects starting in 2026, and tariffs on batteries that rose to 25% from 7.5% in January.

technologyreview.com · 2026-09-10