IRS Seeks $16 Billion From Meta’s Foreign Tax Strategy

WASHINGTON—The Internal Revenue Service is mounting a novel attack on Meta Platforms’ international tax maneuvers, seeking $16 billion in a move that extends and intensifies the decadelong fight between the tech company and the federal government.

The IRS says Meta, which owns Facebook and Instagram, booked tens of billions of dollars in profits in Ireland that should have been taxed in the U.S. The company contests that IRS analysis and sued this month in the U.S. Tax Court.