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.

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.

  • M500@lemmy.ml
    English
    511·
    1 year ago

    Yeah but they eared more than double that in profit in their 2023 year. This is taxes over a 20 year period.

    In this context it does not seem like it’s too much.