Comment by causal
2 months ago
So I was just Googling this, and apparently most datacenters don't pay any state tax on revenue generated by said datacenter? Huge loophole if true, no wonder capital investment in datacenters is so high. [0]
[0] https://www.datacenterknowledge.com/regulations/how-are-data...
I like how you said "googling this", but then didn't actually read the article you linked.
> In general, data centers only pay corporate income tax if they generate revenue. Not all data centers do this because many don’t sell goods or services; they simply house servers. By qualifying as business expenses rather than revenue generators, they reduce the tax liability of their parent companies.
> Thus, when it comes to income tax, at least, many data centers – especially hyperscale data centers owned by large companies – don’t generate tax revenue because they don’t generate direct operating income.
They pay property taxes. The best tax there is as of now (LVT when)
4 replies →