The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest.
FILE - The Microsoft logo is pictured at the Mobile World Congress 2023 in Barcelona, Spain, on March 2, 2023. The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest, the company revealed Wednesday, Oct. 11, in a securities filing. – The Internal Revenue Service says Microsoft owes the U.S. Treasury $28.
Microsoft, which is based in Redmond, Washington, said it followed IRS rules and will appeal the decision within the agency, a process expected to take several years. The company’s shares dropped slightly in aftermarket trading, falling $1.42 to $331. Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagreesThe Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest.
Weiterlesen »
IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagreesThe Internal Revenue Service says Microsoft owes the U.S. Treasury $28.9 billion in back taxes, plus penalties and interest.
Weiterlesen »
IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagreesPuget Sound Energy's new program offers EV charging station installation and maintenance paid for by PSE for some small to medium-sized businesses
Weiterlesen »
Microsoft discloses IRS says the tech giant owes nearly $29 billion in unpaid taxesMicrosoft just disclosed that the Internal Revenue Service (IRS) has asked for a hefty sum of taxes that it believes the tech company has not paid. The total was $28.9 billion.
Weiterlesen »
IRS tells Microsoft it owes $29 billion in back taxesMicrosoft is in a dispute with the IRS over back taxes the agency says it owes for years 2004 through 2013.
Weiterlesen »
IRS notifies Microsoft it owes an additional $29 billion in back taxesJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
Weiterlesen »