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Tech Crunch – Microsoft faces $28.9 billion tax bill in ongoing audit dispute

Posted on October 12, 2023

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 […] Read more: Read More 

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