Microsoft owes $29bn in tax, US authorities say

Microsoft says it disagrees with the IRS' latest tax demand

clock • 3 min read
IRS asks Microsoft to pay an outstanding tax liability of about $29 billion
Image:

IRS asks Microsoft to pay an outstanding tax liability of about $29 billion

Microsoft says it will challenge the demand from the US Internal Revenue Service (IRS) to pay an extra $28.9 billion, along with associated penalties and interest, in unpaid taxes.

In a securities filing made on Wednesday, the company disclosed it had received notices from the IRS, aimed at adjusting its tax obligations for the period spanning from 2004 to 2013. The contes...

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