Home » Microsoft faces $28.9 billion tax bill in ongoing audit dispute

Microsoft faces $28.9 billion tax bill in ongoing audit dispute

Microsoft says that it’s facing a hefty tax bill over historical accounting practices dating back nearly twenty years. In a filing yesterday with the Securities and Exchange Commission (SEC), the company confirmed that the Internal Revenue Service (IRS) has arrived at a figure of $28.9 billion — plus penalties and interest — that Microsoft allegedly […] TechCrunch Read More