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Microsoft has a $29 billion tax ‘problem’, here’s why

by October 13, 2023 0

The Internal Revenue Service (IRS) has ordered Microsoft to pay $28.9 billion in additional tax, claiming that the company used transfer pricing to shift profits to low-tax jurisdictions. Microsoft has denied any wrongdoing and plans to contest the IRS’s claim. This case is part of a larger trend of multinational corporations facing scrutiny over...

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