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Microsoft owes $29 billion in back taxes plus penalties and interest to IRS
(appleinsider.com)
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this post was submitted on 12 Oct 2023
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A company as big as Microsoft is not just one company. Just like movie studioes will famously make their film "lose money" to avoid royalty payments, I would bet Microsoft is trying to avoid taxes by selling services, products or profits "at a loss" between different corporate LLCs all owned by Microsoft.
Imagine if your time spent grocery shopping was an "import" corporation that overcharged your "works for a salary" corporation, all within your household.
But I'm sure someone can read the SEC filing and understand for sure.