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Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

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Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#21

Post by ofslidingfeet »

satvikpendem wrote: post #17
ofslidingfeet wrote: post #14

Earlier quoted context omitted.

Actually no, but nice try, and I'm sure your extremist uninformed view of what's a "cult" is representative of the SEC's general posture.

Then I'm not sure what you're worried about, if it really isn't a cult as you imply. Either way, I don't understand your position on the matter, are you personally affected by the SEC going after cryptocurrency scams and WSB style stock traders?

Yeah I think the SEC should work on real things instead of designating people as "cults" for running computer networks they dislike.

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#22

Post by Jtsummers »

ofslidingfeet wrote: post #15

[flagged]

> They are now going through and downvoting my entire post history lmao.

No one can downvote your entire post history unless all your posts are from the past 24 hours. Downvoting is disabled after the 24-hour mark.

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#23

Post by satvikpendem »

ofslidingfeet wrote: post #21
satvikpendem wrote: post #17

Earlier quoted context omitted.

Then I'm not sure what you're worried about, if it really isn't a cult as you imply. Either way, I don't understand your position on the matter, are you personally affected by the SEC going after cryptocurrency scams and WSB style stock traders?

Yeah I think the SEC should work on real things instead of designating people as "cults" for running computer networks they dislike.

With reference to cults, I was referring to meme stocks like GME, BBBY etc, not cryptocurrency. But just because something fraudulent happens on a computer network does not mean the SEC should not prosecute it. Fraud is still fraud regardless of where it happens.

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#24

Post by gigel82 »

From the blog post[1]: "It is important to note that the IRS Appeals process will take several years to complete, and if we are unable to come to a direct agreement with the IRS, Microsoft will then have an opportunity to contest any unresolved issues through the courts."

[1] https://blogs.microsoft.com/on-the-issues/2023/10/11/update-...

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#25

Post by ofslidingfeet »

Jtsummers wrote: post #22
ofslidingfeet wrote: post #15

[flagged]

> They are now going through and downvoting my entire post history lmao. No one can downvote your entire post history unless all your posts are from the past 24 hours. Downvoting is disabled after the 24-hour mark.

[flagged]

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#27

Post by ofslidingfeet »

satvikpendem wrote: post #23
ofslidingfeet wrote: post #21

Earlier quoted context omitted.

Yeah I think the SEC should work on real things instead of designating people as "cults" for running computer networks they dislike.

With reference to cults, I was referring to meme stocks like GME, BBBY etc, not cryptocurrency. But just because something fraudulent happens on a computer network does not mean the SEC should not prosecute it. Fraud is still fraud regardless of where it happens.

[flagged]

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#28

Post by nwiswell »

satvikpendem wrote: post #23
ofslidingfeet wrote: post #21

Earlier quoted context omitted.

Yeah I think the SEC should work on real things instead of designating people as "cults" for running computer networks they dislike.

With reference to cults, I was referring to meme stocks like GME, BBBY etc, not cryptocurrency. But just because something fraudulent happens on a computer network does not mean the SEC should not prosecute it. Fraud is still fraud regardless of where it happens.

I'm pretty sure you're engaging with a troll.

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#29

Post by ojbyrne »

notaharvardmba wrote: post #16
us0r wrote: post #6

Earlier quoted context omitted.

They have over 115 Billion cash on hand.

But I bet a lot of that is in long term treasuries which, if you want to use them as legal tender, are kinda down in price right now (if you don't hold them til maturity). And if they need to take a loan to pay it, those bonds are going to be at fairly high rates. Overall, it's gonna be a stock price haircut for sure. I'm guessing at least 10-20% because of all the money they could have MADE with that money.

Random googling finds “Cash equivalents are any short-term investment securities with maturity periods of 90 days or less.”

They have $35 billion in Cash & Cash Equivalents.

Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B

#30

Post by DennisP »

notaharvardmba wrote: post #16
us0r wrote: post #6

Earlier quoted context omitted.

They have over 115 Billion cash on hand.

But I bet a lot of that is in long term treasuries which, if you want to use them as legal tender, are kinda down in price right now (if you don't hold them til maturity). And if they need to take a loan to pay it, those bonds are going to be at fairly high rates. Overall, it's gonna be a stock price haircut for sure. I'm guessing at least 10-20% because of all the money they could have MADE with that money.

Long-term treasuries are generally not considered "cash." Short-term, sure, but t-bills are doing fine.
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