How much will Microsoft be required to pay in back taxes as a result of their current IRS audit? | Manifold

How much will Microsoft be required to pay in back taxes as a result of their current IRS audit?

Basic

9

Ṁ136

2028

30%

$0-1 billion

33%

$1-5 billion

15%

$5-10 billion

17%

$10-15 billion

3%

$15-20 billion

3%

>$20 billion

The IRS claims that Microsoft owes $29 billion in back taxes for profits that the company shifted to Puerto Rico.

https://www.propublica.org/article/irs-microsoft-audit-back-taxes-puerto-rico-billions

How a Maneuver in Puerto Rico Led to a $29 Billion Tax Bill for Microsoft

In the largest audit in U.S. history, the IRS rejected Microsoft’s attempts to channel profits to a small factory in Puerto Rico that burned Windows software onto CDs.

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#️ Technology

Get

1,000

and

3.00

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