Lee Duna@lemmy.nz to

Technology@beehaw.orgEnglish · 1 year ago

Microsoft in $29bn back taxes dispute in US

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Microsoft in $29bn back taxes dispute in US

Lee Duna@lemmy.nz to

Technology@beehaw.orgEnglish · 1 year ago

The IRS has been auditing how the firm allocates profits among countries and jurisdictions.

Chat

willybe@lemmy.ca
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1 year ago

It said it believed that any taxes owed after the audit would be reduced by up to $10bn based on tax laws passed by former President Donald Trump.

Joe did this
- arby@beehaw.org
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  1 year ago
  They're talking about the Tax Cuts and Jobs Act of 2017. Joe Biden's official title at that time was Former Vice President.
  - willybe@lemmy.ca
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    1 year ago
    Whoosh

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