Microsoft owes $29 billion in back taxes plus penalties and interest to IRS

L4sBot@lemmy.worldmod to Technology@lemmy.world – 723 points –
Microsoft owes $29 billion in back taxes plus penalties and interest to IRS
appleinsider.com

Microsoft owes $29 billion in back taxes plus penalties and interest to IRS::The IRS sent a surprise bill to Microsoft, hitting the company with a $28.9 billion bill for back taxes and penalties spanning a decade, starting in 2003.

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Wow I wish I could not pay taxes for 3 decades and like do something nice with all that money…

Well, in fairness, they didn't do anything nice with the money either.

Becoming a monopoly and tech giant is pretty nice..

Okay they aren't good, but seriously what makes them a monopoly? I haven't seen anyone make a good argument for this. There isn't a single industry they're in, that I know or can think of, that they hold enough market capture to be a monopoly.

Microsoft has lots of kickass stuff. Just Bing it, bro. Or jump on Teams with me and I'll explain it while I rock out with my Zune.

/s obv