Microsoft Faces $29 Billion Tax Bill
What's Next?

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Microsoft is in hot water with the Internal Revenue Service (IRS)

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The tax agency says the tech giant owes an additional $29 billion in back taxes. [{ "selector": ".nljss-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Microsoft completely denies the allegations and says it will fight the claim in the court. [{ "selector": ".mojud-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-334px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Other large technology companies are also watching the case closely. [{ "selector": ".amppp-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

If Microsoft loses, it could set a precedent for the IRS to audit and tax other companies more aggressively. [{ "selector": ".nanur-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(-411px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

And it could be forced to pay billions of dollars in back taxes and penalties. [{ "selector": ".uuqzo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(-458px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }]

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Microsoft Faces $29 Billion Tax Bill What's Next?

Microsoft is in hot water with the Internal Revenue Service (IRS)

Microsoft Faces $29 Billion Tax Bill
What's Next?