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abeppu | 3 days ago

I think it's from this: https://itep.org/meta-tax-breaks-trump-mark-zuckerberg/

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shubhamjain|3 days ago

The post seems to be comparing quarterly figures for tax with annual profit. The doc they cite clearly $25B as provision for income tax.

TYPE_FASTER|3 days ago

While they provisioned $25B, the 10-K Meta filed states they paid $2.8B in Federal income taxes for the full year 2025. The amount they provisioned is not limited to Federal income taxes, it also includes state and foreign income taxes.

abeppu|3 days ago

I am not an accountant or finance professional but the table they refer to has the 2.8B under "current" and the 25B figure under "total". Is it just that of their 2025 taxes, they paid 2.8B during that calendar year and it's only Feb and the remaining was not yet actually paid out at the time that filing was prepared?

datsci_est_2015|3 days ago

Interesting. Wouldn’t surprise me if there are different ways to report the same numbers to make the situation seem more or less favorable. Statisticians and accountants are both professional liars (speaking as a statistician married to an accountant).

loeg|3 days ago

> Wouldn’t surprise me if there are different ways to report the same numbers to make the situation seem more or less favorable.

Yeah -- accurately, and inaccurately.