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

submitted 8 months 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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[-] FlyingSquid@lemmy.world 43 points 8 months ago

But they're a giant corporation so that's apparently fine.

[-] chaorace@lemmy.sdf.org 40 points 8 months ago

To misquote J Paul Getty: "If you owe the IRS $29,000 that's your problem. If you owe the IRS $29,000,000,000 that's the IRS's problem"

[-] bastion@feddit.nl -3 points 8 months ago

But no.

[-] chaorace@lemmy.sdf.org 14 points 8 months ago

Alright, fine... You got me! It's actually Microsoft's problem.

[-] bastion@feddit.nl 0 points 8 months ago

this post was submitted on 12 Oct 2023

722 points (97.8% liked)

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