US Tax Authorities Demand $28.9 Billion from Microsoft for Unpaid Amounts and Penalties: Latest Updates

2023-10-11 21:15:00

A request made by the authorities for sums not paid between 2004 and 2013, as well as interest and penalties.

The US tax authorities are demanding $28.9 billion from Microsoft for unpaid amounts between 2004 and 2013, as well as interest and penalties, according to a stock market document published Wednesday by the IT giant.

Microsoft announces its intention to appeal in this same document, a process which should last “several years“, according to a note written by one of the group’s leaders, and added to the document: “We believe we have always…paid the taxes we owed in the United States and around the world».

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