Microsoft disputes $29B tax bill after “one of the largest” audits in IRS history

Microsoft disputes $29B tax bill after “one of the largest” audits in IRS history

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On Wednesday, Microsoft revealed in a Securities and Exchange Commission filing and blog post that the Internal Revenue Service says the company owes the US Treasury $28.9 billion in back taxes, plus penalties and interest, reports the Associated Press. The claim comes as a result of a lengthy IRS…

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