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Pay Up The Internal Revenue Service [IRS] says that Microsoft owes tens of billions of dollars in back taxes — and apparently, the company isn't buying it. In a blog post, Microsoft executive Daniel Goff said that the IRS had sent the company notice that it owes a $28.9 billion tax balance "plus penalties and […]
The IRS claims Microsoft owes $28.9 billion in back taxes between 2004 and 2013
It centres on how Microsoft allocated profits across countries between 2004 and 2013.
IRS ends epic 16-year tax probe and sends Microsoft the bill, but Redmond disagrees.
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Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."