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Microsoft owes $29 billion in back taxes plus penalties and interest to IRS (appleinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Microsoft owes $29 billion in back taxes plus penalties and interest to IRS::The IRS sent a surprise bill to Microsoft, hitting the company with a $28.9 billion bill for back taxes and penalties spanning a decade, starting in 2003.

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[-] ColeSloth@discuss.tchncs.de 21 points 1 year ago

Five years from now it'll be settled and Microsoft will pay ten billion.

this post was submitted on 12 Oct 2023

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