IRS Says Microsoft Owes $28.9 Billion in Back Taxes

Microsoft

Microsoft is facing a hefty demand from the Internal Revenue Service (IRS), amounting to $28.9 billion in back taxes, along with interest and penalties, spanning the years 2004 to 2013. Microsoft has expressed its intention to challenge this ruling. According to the IRS, Microsoft is obligated to pay this additional tax due to alleged improper … Read more