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IRS audit of Microsoft

lundi 20 novembre 2023 à 03:18

An IRS audit of Microsoft found that it owes $29 billion dollars in back taxes. *The IRS rejected Microsoft’s attempts to channel profits to a small factory in Puerto Rico that burned Windows software onto CDs.*

Cory Doctorow: *Microsoft put their tax-evasion in writing and now they owe $29 billion.*

*"Tax avoidance" (which is [supposedly] legal) isn't a separate phenomenon from "tax evasion" (which is not), but rather a thinly veiled euphemism for it:… The tax-avoidance strategies revealed in the IRS Files are obviously tax evasion, and the IRS simply let it slide [until Biden fixed it].*