{"id":1191568,"date":"2023-10-12T10:40:00","date_gmt":"2023-10-12T14:40:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1191568"},"modified":"2023-10-12T10:40:00","modified_gmt":"2023-10-12T14:40:00","slug":"irs-says-microsoft-owes-an-additional-29-billion-in-back-taxes","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1191568","title":{"rendered":"IRS Says Microsoft Owes an Additional $29 Billion in Back Taxes"},"content":{"rendered":"<p>Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K filing Wednesday. From a report: Microsoft said the dispute concerns the company&#8217;s allocated profits between countries and jurisdictions between 2004 and 2013. It said up to $10 billion in taxes that the company has already paid are not reflected in the proposed adjustments made by the IRS. Microsoft plans to contest the notices through the IRS&#8217; administrative appeal and is willing to go to judicial proceedings, if necessary.<\/p>\n<p \/>\n<div class=\"share_submission\" style=\"position:relative\">\n<a class=\"slashpop\" href=\"http:\/\/twitter.com\/home?status=IRS+Says+Microsoft+Owes+an+Additional+%2429+Billion+in+Back+Taxes%3A+https%3A%2F%2Fslashdot.org%2Fstory%2F23%2F10%2F12%2F1432238%2F%3Futm_source%3Dtwitter%26utm_medium%3Dtwitter\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/10\/twitter_icon_large-443.png\" \/><\/a><br \/>\n<a class=\"slashpop\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fslashdot.org%2Fstory%2F23%2F10%2F12%2F1432238%2Firs-says-microsoft-owes-an-additional-29-billion-in-back-taxes%3Futm_source%3Dslashdot%26utm_medium%3Dfacebook\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/10\/facebook_icon_large-222.png\" \/><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/slashdot.org\/story\/23\/10\/12\/1432238\/irs-says-microsoft-owes-an-additional-29-billion-in-back-taxes?utm_source=rss1.0moreanon&amp;utm_medium=feed\">Read more of this story<\/a> at Slashdot.<\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Slashdot &#8211; <a href=\"https:\/\/slashdot.org\/story\/23\/10\/12\/1432238\/irs-says-microsoft-owes-an-additional-29-billion-in-back-taxes?utm_source=rss1.0mainlinkanon&amp;utm_medium=feed\" target=\"_blank\" rel=\"noopener\">IRS Says Microsoft Owes an Additional  Billion in Back Taxes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K filing Wednesday. From a report: Microsoft said the dispute concerns the company&#8217;s allocated profits between &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1191568\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1191569,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,110],"tags":[100],"class_list":["post-1191568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slashdot","category-unfiltered-rss","tag-slashdot"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1191568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1191568"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1191568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1191569"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1191568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1191568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1191568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}