this post was submitted on 12 Oct 2023
739 points (97.7% liked)

Technology

59204 readers
3428 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
739
Microsoft owes $29 billion in back taxes plus penalties and interest to IRS (appleinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
70 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] ram@bookwormstory.social 42 points 1 year ago (5 children)

That's a pretty penny.

[–] M500@lemmy.ml 50 points 1 year ago (4 children)

Yeah but they eared more than double that in profit in their 2023 year. This is taxes over a 20 year period.

In this context it does not seem like it’s too much.

[–] Alexstarfire@lemmy.world 8 points 1 year ago (2 children)

I didn't believe you so I looked it up. You're wrong. Their gross profit is over 4x that amount in 2023.

[–] SadSadSatellite@sh.itjust.works 16 points 1 year ago

That's not wrong then. 4 times is more than double.

load more comments (1 replies)
load more comments (2 replies)
load more comments (2 replies)