Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
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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
#2[deleted]
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#3Wow. “The IRS says Microsoft owes an additional $28.9 billion in tax for 2004 to 2013, plus penalties and interest.”
No wonder why they’re talking about charging for windows 12 features, has to come from somewhere!
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#4Authoritative source at:
https://www.sec.gov/Archives/edgar/data/789019/0001193125232...
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#5Additional remarks on the Microsoft blog (also included in the 8-K filing): https://blogs.microsoft.com/on-the-issues/2023/10/11/update-...
> Today, we’re sharing an update about our ongoing audit with the U.S. Internal Revenue Service (IRS), [… which has been investigating] how we allocated our income and expenses for tax years beginning as far back as 2004. […] The IRS says Microsoft owes an additional $28.9 billion in tax for 2004 to 2013, plus penalties and interest.
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#6Wow. “The IRS says Microsoft owes an additional $28.9 billion in tax for 2004 to 2013, plus penalties and interest.” No wonder why they’re talking about charging for windows 12 features, has to come from somewhere!
They have over 115 Billion cash on hand.
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#7[flagged]
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#8Wow. “The IRS says Microsoft owes an additional $28.9 billion in tax for 2004 to 2013, plus penalties and interest.” No wonder why they’re talking about charging for windows 12 features, has to come from somewhere!
They have ~$35 billion in cash per their cash flow statement:
https://finance.yahoo.com/quote/MSFT/cash-flow?p=MSFT
They could in effect write a check today for it.
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#9[flagged]
[deleted]
Re: Microsoft SEC 8-K: IRS is seeking an additional tax payment of $29B
#10Wow. “The IRS says Microsoft owes an additional $28.9 billion in tax for 2004 to 2013, plus penalties and interest.” No wonder why they’re talking about charging for windows 12 features, has to come from somewhere!
They have ~$35 billion in cash per their cash flow statement: https://finance.yahoo.com/quote/MSFT/cash-flow?p=MSFT They could in effect write a check today for it.
[deleted]