The effective federal tax rate, and the amount of federal tax Meta paid as a percentage of income, are two different things.

More details here: https://itep.org/meta-tax-breaks-trump-mark-zuckerberg/

The 10-K filed by Meta is linked to in that article, and can be found here: https://www.sec.gov/ix?doc=/Archives/edgar/data/1326801/0001...

If you dig into the details in the Income Tax Disclosure block, Meta paid $2.8B in Federal income taxes for the year ended December 31, 2025.

Meta deferred a large chunk of Federal income taxes.

So, while the effective Federal income tax rate for 2025 was about 30%, largely due to a 3rd quarter charge of $14B against deferred taxes (Meta's effective tax rate for 2023 was 17.6% and for 2024 it was 11.8%), they paid 3.5% of their income as Federal income tax.

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gruez 2 hours ago | parent [-]

>Meta deferred a large chunk of Federal income taxes.

How are can we reasonably expect them to be deferred for? Are we talking on the order of years, or decades?

	▲	dahinds 2 hours ago \| parent [-]
		Mostly never -- most of the deferral was an accounting adjustment for the value of future tax credits that they could no longer take advantage of, so there is no actual tax liability here that will eventually be paid.