- Meta will save tens of millions of dollars over 35 years from a sales tax exemption granted by Indiana for a new $800 million data center campus
- The 700,000 square foot facility will be Meta’s 18th data center in the U.S. and 22nd globally, supporting the company’s growing computing needs
- Indiana has a history of using tax incentives to attract tech facilities like data centers, believing long-term job creation and investment outweigh lost tax revenue
Indiana has granted Meta a 35-year sales tax exemption for the company’s planned $800 million data center campus in the state. This incentive will allow Meta to avoid paying sales tax on construction materials and equipment for more than three decades.
Meta’s New 700K Square Foot Data Center Campus
The new data center campus will be 700,000 square feet and Meta’s 18th facility in the United States. Globally, this will be Meta’s 22nd data center. The facility will support Meta’s growing computing needs as it expands its services and offerings.
Additional Details on the Tax Incentive Package
Not only does Meta get a 35-year exemption from sales tax, but the package also includes provisions to extend the exemption period further. This tax break will save Meta tens of millions of dollars over the life of the data center.
Indiana Uses Incentives to Attract Tech Investment
Indiana has a track record of leveraging tax incentives to draw data centers and other tech facilities to the state. Officials believe the long-term benefits of added jobs and investment outweigh the costs of tax breaks.
Meta’s Continued Data Center Expansion
This Indiana data center marks Meta’s latest investment in its infrastructure. The company runs some of the largest data centers in the world to support services like Facebook and Instagram. As Meta expands into areas like the metaverse, demand for computing power will only increase.